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daniel039209
Peter, since April 24th ?- +- a day you have been saying it is the top. It’s almost a month later and 9% higher in SPX probably more in NDX and you seem solely focused on the 30 stocks in DJIA. I always thought the majority of stocks moving carried significant importance versus a smaller group ( whose weight is measured in price NOT value)? Accepted knowledge that growth stocks (NDX) lead market; you have said this NUMEROUS times. The DJIA was overly weakened by 1 stock-UNH. And now that it is in midst of a 36% rally, the DJIA is outperforming the last 3 days.
And what exactly does it mean if “ it’s a low to low to high top”? We go down back to where you’ve been saying short the market ? New lows ? 2ndary generational high? Maybe ,back to basics, covering other important indices other than 30 stocks which are price weighted.
One last thing" on 5.15.25 the DJIA and the SPX had BULLISH ENGULFING candles. I guess you dont care to offer that as information but focused heavily on the Doji's 5.6 and 5.8 which did nothing to slow the advance. Up 5.5% since then. Maybe Trump will announce more tariffs, that did in fact drop the market.
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Peter, since April 24th ?- +- a day you have been saying it is the top. It’s almost a month later and 9% higher in SPX probably more in NDX and you seem solely focused on the 30 stocks in DJIA. I always thought the majority of stocks moving carried significant importance versus a smaller group ( whose weight is measured in price NOT value)? Accepted knowledge that growth stocks (NDX) lead market; you have said this NUMEROUS times. The DJIA was overly weakened by 1 stock-UNH. And now that it is in midst of a 36% rally, the DJIA is outperforming the last 3 days. And what exactly does it mean if “ it’s a low to low to high top”? We go down back to where you’ve been saying short the market ? New lows ? 2ndary generational high? Maybe ,back to basics, covering other important indices other than 30 stocks which are price weighted. One last thing" on 5.15.25 the DJIA and the SPX had BULLISH ENGULFING candles. I guess you dont care to offer that as information but focused heavily on the Doji's 5.6 and 5.8 which did nothing to slow the advance. Up 5.5% since then. Maybe Trump will announce more tariffs, that did in fact drop the market.
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