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

To: northam who wrote (206986)	2/1/2025 7:35:28 AM
From: GROUND ZERO™	1 Recommendation Recommended By Mevis Read Replies (2) \| Respond to of 221972

Outside key reversals for many of the major averages as of Friday, also some weekly outside key reversals... The Coppock Curve, which is a monthly indicator, is now almost flat after being higher for the past 3 1/2 years... Also, this morning, as of the most recent updates, the Buffett Indicator is reported to be at approximately 209% of GDP, this figure suggests that the stock market is considered significantly overvalued and a very high risk for investing... I think we may be looking at a more significant top right now... Some are saying the market is only overreacting to the tariffs imposed on Mexico and Canada, but I think that's just the near term excuse taken from the most recent headlines since tariffs do not cause inflation as has been proven over and over again historically... I'm spread right now with a bearish bias and I think any rally will be sold... GZ