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Caution to holders of stocks.
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J P
Posted 8/15/2018 10:36 (#6930737 - in reply to #6930685)
Subject: RE: Caution to holders of stocks.


NoDakFarmer - 8/15/2018 10:06

I'm not disagreeing with you. The pullback will come. That much is a certainty. The issue for me is that I cant draw even one major downsloping fork, yet. Until price fails and I can do so, it appears it will continue the trend. Just as we were told we'd never see 3 or 4 dollar corn again in 2012, so people are saying about the stock market. IMHO, it will play out much the same way.


Totally agree ND. Vertical price action has a cost eventually. For now, it sure looks to me like it wants new highs....again.

Take Care
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