Replies to post #45220 on The TradingEdge

[JefftDecker]

i'd be worried, just look at the DAX

perhaps a dominoe effect will take place.

DAX daily on a sell signal, could drop all the way down to S3
and then some, is this the warning shot across the bell, wake up
call to me, why are bonds gapping up, flight to safety?

next week should provide more light, see what my Dow theory guy
has to say come sunday night. good trades.





weekly chart has a sell signal currently, does not look good at all

[JefftDecker]

the market generated a


Hindenberg Omen on friday, it is possible wave 5 up may truncate,
market internals are weak and selling may have started as this is
the seaonal period where stock market plunges occur.

money flow could swing into small caps for now, August 8th may have
marked the top in DOW, next Phi Mate turn date is Oct 2, could be a
whopper of a drop then.

US DOLLAR may head to 102, euro downside target of 1.04, Bonds could turn
feverishly bullish with money flowing from stock market into bonds,
screw the feds policy's.

Recession right around the corner?

dont tell anybody i told you this, its our secret.

best of trades, jeff.

ill keep you in the loop on the DOw theory later. get ready for some
great put trades. all in all, it doesnt look good. stay safe.

weekly chart is weak, no trend

[JefftDecker]

pretzel chart

so far good as any