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


To: Cyrus who wrote (137272)1/31/2020 10:51:19 AM
From: GROUND ZERO™  Read Replies (4) | Respond to of 222044
 
This morning's sudden decline is foreboding... I think it tells that the ratio will remain in the sell zone for several weeks and this decline could go deeper...

I don't want to be a party pooper, but the European markets took a hit this morning because of bad economic data due to the economic decline in China...

This could develop into a global economic downturn which would lead to a possible global recession...

Just saying... if that is what's going on right now with these markets, then we could see a seriously deep move down over a more extended period of time...

Of course, that would be the buying op of the decade!!!

I'm just thinking out loud... some food for thought...

GZ