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


To: robert b furman who wrote (95876)8/24/2017 2:52:41 PM
From: GROUND ZERO™  Read Replies (1) | Respond to of 218820
 
Very good, but I still need evidence that this market is really going to turn higher... right now, almost everything is pointing lower, the momentum has a downward bias, that must turn around or else... maybe later today, maybe tomorrow, maybe not for a while... I don't try to pick bottoms, I buy into strength with confirmation that the bottom is already in place, I'll let everyone else try for the bottom tick...

GZ



To: robert b furman who wrote (95876)8/24/2017 3:01:33 PM
From: GROUND ZERO™  Respond to of 218820
 
Bob, the only thing I can see going in the bull's favor is the Yen, it looks like it's going to move lower now... if so, then gold will go down and stocks will typical rise on that... it seems that the Japanese Central Bank controls the gold market and the U.S. stock market... so, watch the Yen's decline from here for an early indication for stocks... gold is already beginning to submit although the gold miners are still holding well...

GZ