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

To: GoodGord who wrote (103970)	4/4/2018 5:24:03 AM
From: GROUND ZERO™	Read Replies (2) \| Respond to of 220483

Right, China said they're specifically going to target the tech groups... that means very bad news for the NQ and the $SOX... I see no reason to buy anything... not until the weekly numbers turn positive, the daily numbers turned positive yesterday and look what happened... it needs the weekly numbers, and until then I'm going for a bike ride... GZ

To: GoodGord who wrote (103970)	4/4/2018 5:37:12 AM
From: GROUND ZERO™	2 Recommendations Recommended By Hawkmoon Mevis Respond to of 220483

Another and much bigger problem coming is the margin debt, it's just now topping out and is at the highest level ever in recorded history... topping out here is not a bullish indicator for these markets, this alone could take these markets down even harder and send the economy into a slow down or possibly a recession... There are now too many ominous signs and I can't see the FED doing anything other than yaking about raising rates... that could drive the stake through the heart of this market and the economy... GZ