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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives -- Ignore unavailable to you. Want to Upgrade?


To: codfish23 who wrote (89795)2/15/2017 1:17:17 PM
From: GROUND ZERO™  Respond to of 222230
 
I agree, thanks, and I thought it was well worth sharing on this thread... I fully agree, and I'm heavily long the banks, FAS, and many, many large tons of DB...

GZ



To: codfish23 who wrote (89795)2/15/2017 4:45:41 PM
From: GROUND ZERO™  Read Replies (1) | Respond to of 222230
 
Remember the SPY/TLT ratio chart I posted a week or so ago???

As of today, the ratio now took out the previous high, so there's no negative divergence any more, this market can still run higher and free for a while longer aside from the traditional down drafts along the way, but at least this is not the top according to this ratio... definitely a quiet and non violent rally, and very nice... it's like putting the aircraft on auto pilot and it just flies higher and higher... LOL!!!



GZ