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


To: techtrader73 who wrote (93044)6/1/2017 7:28:27 PM
From: rogermci®3 Recommendations

Recommended By
GROUND ZERO™
SGJ
Vendit™

  Read Replies (1) | Respond to of 223033
 
AAII survey as of yesterday shows 26.9 of participants bullish. Meanwhile, today all three major averages close at all time highs. Just like the kickoff of the 1982 secular bull market...nobody believes it. Catching a secular bull is no more then a 3 times in an adult life event.

Don't know why you continue to fight the tape and try to be the hero who calls the top but you ain't seen nothing yet. BWTFDIK, I've only been at this 40 years. The recent consolidating action in the RUT will soon be a distant memory.



To: techtrader73 who wrote (93044)6/1/2017 9:28:44 PM
From: GROUND ZERO™  Respond to of 223033
 
What are you going to do when/if it finally confirms??? Just remember, the market is always right, it doesn't care that you or I or someone else thinks it should go down... so, why fight the tape??? Look at the volume, look at the mid day action, the RUT may come out of this the leader breaking out from behind... then what are you going to say???

I guess I'm really asking, what will it take from these markets to tell you you may be wrong??? TIA

GZ



To: techtrader73 who wrote (93044)6/1/2017 9:32:23 PM
From: GROUND ZERO™  Read Replies (1) | Respond to of 223033
 
At least you're not actually short, but only saying the markets are topping... or, are you actually short this market??? Some on other threads are actually short, I can only shake my head and roll my eyes with that... sure, I'll take short positions too, but only when I get a sell signal...

Right now, this market is in melt up mode... taking a short position here like tweedle dum and tweedle dummer on those other two threads is like taking a fast track to the poor house... they're now getting their due comeuppance for their stupidity and their arrogance...

GZ