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GuTA

05/01/16 10:35 AM

#197278 RE: Scripo #197276

Yep.. I expect to see weakness , but not real follow through until next year.

risk on

05/01/16 12:01 PM

#197280 RE: Scripo #197276

"Just more chop sideways till el obama has left the white house. Although i wish it would rollover and spoil his "legacy""

This was/ maybe is my thinking, but why do markets have to wait to correct? Obama doesn't have that power, not even through his appointee. Sure, in fact , absolutely Yellen can make decisions to stave off a correction, but only to a point, and with each action there is a new wrinkle developed, akin to " oh what a tangled web....". all the perceived power and Black hand forces can't stop markets when they make their mind up.

In short, there is no rule stating when markets will correct, and in many cases, they " just do". How can we know when conditions are right? We can't. But, we can use common tech traits from previous occurrences as clues, and , well you know where I'm going in that vein. So, with the ONLY known tech common to previous corrections denominator in place currently, well, I don't want to miss the ride, and those rides can start without notice.