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

To: h_ who wrote (187039)	6/19/2023 10:19:13 AM
From: Sdgla	1 Recommendation Recommended By h_ Read Replies (1) \| Respond to of 221894

My bad..Thx

To: h_ who wrote (187039)	6/19/2023 10:41:26 AM
From: GROUND ZERO™	1 Recommendation Recommended By Tweets Boar Hog Respond to of 221894

Yes, opex was last Friday, but for the next two weeks or so there's likely going to be post opex market adjustments... Also, if we look at the performance of the $INDU compared to the small caps, the current market advance may have been nothing more than a narrow and selective speculative blow off, e.g., a rally driven by fear of missing out on the resumption of a bubble that is actually in the early stage of collapse... We'll know better in a week or so, but meanwhile, I would suspect the upside bias may have run its course, we'll see if this is actually the case... Meanwhile, phrases like “bull market” and “bear market” can create a false sense of security because they seem to offer investors assurance about extended market direction... Witness the constant chatter here about a “new” bull market that has “legs,” words like that, often dressed up with adjectives like “official” to boost their respectability, quietly encourage investors to think “this thing is going to go up for a very long time.” GZ