To: humble1 who wrote (29292) | 10/2/2018 1:14:02 PM | From: RAVINASA | | | Humble
Nice chart of RUT and NDX backrest or backtest.
A German guru had the same - exact depiction of NDX backtest and is calling for A return to May or April lows on NDX.
Just a corroboration of your analysis and assessment - time will tell. Should happen in 1-2 months.
Regards. |
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To: techtrader73 who wrote (29291) | 10/2/2018 3:21:33 PM | From: RAVINASA | | | Tech
1. Looks like NDX and NASDAQ are cracking now - FANG stocks especially - no more buybacks One month prior to earnings
2. RUT is below lower 50,2 BB daily
3. VIX started to move up - spx should be next
4. 401/k money buying is done as well as of 1/2 October
Regards. |
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From: humble1 | 10/2/2018 9:37:09 PM | | | | Last I saw, the TRUE p/e of this popular index is over 80. Something like almost 1/3 are LOSING money!
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From: humble1 | 10/3/2018 9:13:03 AM | | | | LOTS of bullish tawk from powell recently!!! including today's yap that higher wages does not mean higher ing on the wires frfinflation. MEANWHILE the30 yt is pushing gudnlach's critical 3.25 level. nothing on the wires about the 6+ trillion in debt trump is adding. LOL. |
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From: humble1 | 10/3/2018 3:00:39 PM | | | | in progress: a DISASTER day for the bulls.
1. bullish comments from powell
2. happy tawk from the brexitsians
3. suddenly no problem with the italian deficit and the ecb and the germans
LOOK.OUT.BELOW. |
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