We note that the Nasdaq 100 Index continues to act with outsized bullish vigor. This is not surprising given that this is the Index where excessive investor confidence, usually following a lengthy rally, is most prone to be pronounced. Very often this is a warning sign that the stock market is in a bit of a blow off phase where a subsequent decline develops.
We wish you the best of luck with your investments in the future.
Sincerely,
Anthony Waller President Teabull Asset Timer Ltd www.timingequity.com
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