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

To: GROUND ZERO™ who wrote (118987)	1/16/2019 1:45:48 PM
From: Hank Scorpio	Read Replies (1) \| Respond to of 221849

You have as much chance of being right as me. Maybe more as the trend is up right now. AMZN reminds me of AAPL a few years back. Had everything going for it, had a blow off and then took a back seat for a while. I think AMZN does the same. My oscillators (RSI) are pretty overbought and there are bearish patterns out there. One of the biggest concerns I have for a multi-year low is the fact that the VIX never went anywhere on the correction. Usually a multi-year low will see a VIX over 40 or 50. Anyway, just some observations. Might not mean much in the end.