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S&P 500
5,104.70
(
1.11%
)
US TECH 100
17,260.60
(
1.66%
)
Dow Jones
38,276.38
(
0.50%
)
Brent Oil
88.21
(
0.06%
)
Bitcoin
63,968.00
(
-0.80%
)
Post# of 19856
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gfp927z

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gfp927z

Re: bigworld post# 11319

Wednesday, 12/07/2016 10:19:24 PM

Wednesday, December 07, 2016 10:19:24 PM

Post# of 19856
Bigworld, This market's strength is impressive so no sense 'fighting the tape'. Best to wait until it fizzles out if you feel compelled to short.

The XLF chart appears to be getting its second wind, and GS now up to 235. If it shoots up crazy to 250 and then starts to fizzle, then it could be time for a correction, but right now there's big momentum.




















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