Replies to post #49030 on ajtj99's Market Pulse

[JMKel]

Overbought!?

Looks stongly oversold to me.

Especially in view of the strong earnings reports in this one of the weakest quarters of the year.

In a climate of Fed interest increases there is downward pressure on the market. But with prospects for a slowing or an abatement of such interest rate increases the downward pressure on the market is eased.

We are in transition period now which force will domninate will be determined by the fed.

IMHO

[MathProf]

Justa,

I am one of what is probably a large cadre of lurkers who
regret every day that you do not post.

We who have, like Richard, followed your analysis forever know your incredible skills in reading the markets. And your
class as a human being.

Thanks for all your work and sharing with us.