Saturday, October 13, 2018 5:23:54 PM
My ignorant guess is the S&P and markets will melt up for a bit more from this recent low allowing the big boys to continue market position distribution and gold/miners plus defensive stocks will continue to be accumulated. When that big boy many is fully positioned the markdown phase will begin in earnest as a manor correction and retail sheeples will again be bag holders. Selling late and then buying late. I expect market ups and downs until distribution is concluded.
It would not surprise me if the top is already in, though it could up that high a tad more, but not much.
Check out the indicators on the Dow weekly for 3 or more years. Indicators have -divergences yet buying is strong. Those are more bag holders. All IMO only.
Was that worth 2cents?
It would not surprise me if the top is already in, though it could up that high a tad more, but not much.
Check out the indicators on the Dow weekly for 3 or more years. Indicators have -divergences yet buying is strong. Those are more bag holders. All IMO only.
Was that worth 2cents?
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