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


To: Ms. Baby Boomer who wrote (96208)9/1/2017 8:59:00 AM
From: GROUND ZERO™1 Recommendation

Recommended By
Hawkmoon

  Read Replies (1) | Respond to of 220890
 
I appreciate your market warning, and you may be very right, but I do have to ask you a question here...

How come you see only one doji when there are dozens of them going back 10 years on this monthly chart while all along the market still continues significantly higher???

There are doji patterns from the bottom and going all the way up... so how come this one in August is special?

Help me understand your reasoning, what am I missing???

Thanks for any clarification...

There are two candlestick charts below...



Using the HA candles, the same monthly chart looks very different, the doji is gone...



GZ



To: Ms. Baby Boomer who wrote (96208)9/1/2017 9:29:24 AM
From: Qualified Opinion1 Recommendation

Recommended By
GROUND ZERO™

  Read Replies (2) | Respond to of 220890
 
Market could have specific sector(s), group(s) and stock(s) crash like most of the retail group.
There are cheap stocks which go up despite the overall market.
It requires massive research, decades of experience and some luck.
It requires a contrarian view with a intermediate term outlook.

Hedging is also preferred.



To: Ms. Baby Boomer who wrote (96208)9/1/2017 9:41:46 AM
From: Hawkmoon1 Recommendation

Recommended By
GROUND ZERO™

  Respond to of 220890
 
Don't be so sure about that Doji on the monthly.

We saw the same thing last year in Sept, 2016.. And look where the market went after that..

It requires confirmation.. and the weekly seems to be setting up for a new upward move..

Also, I see a Cup & Handle on the NYA monthly..

Hawk