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

To: JMTrader who wrote (153766)	2/13/2021 5:28:25 AM
From: GROUND ZERO™	1 Recommendation Recommended By GoodGord Read Replies (1) \| Respond to of 222913

Not many left who didn't buy yet... the FOMO, the fear of missing out is enormous right now... We can see from that graph when this market gets too one sided then if flips over like too many people on one side of the boat... This graph isn't a near term day trading signal indicator, you can't just go short without a plan, but it gives a very good picture of the crowd in this market right now... Right now, the bus is overloaded, more than usual... The bus can still keep on moving onward, but the stress on it can't be ignored and it never ends pretty when the last few people hop on for the ride... This is why I'm spread, as you know, I'll do well as it continues to rally, but also with plenty of downside protection, just in case... GZ