(Gig Harbor, WA) Hit the snooze button Oh, sure, you think the markets are opening this morning and they may be – on paper – but with the Dow flopping between positive and flat-line, it’ll be like rigor tradeus until we get some data rolling in. Not that we don’t have some suspicions…
My friend Roger Reynolds offered his email readers this gem:
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Friday the dow and SNP both gave weekly broadening top sell signals. Since they had given opne before and the markets did not go down some folks might ignore the signals. IMO that is a mistake. WHY??? because they both gave similar signals at the 2007 top.