Conversation

Well the economy and earnings are still strong. It is true that the markets are over bought technically. But that's because traders have done a wonderful job rotating to cause that. At the same time many individual stocks have peaked and are in down trends. I'm still long S&P
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Replying to @MasterBJones and @traderbjones
Brian , as you have been in the market for so long , what you thinking is happening as the major market is at all time high and pretty much every stock is a downtrend
S&P500 is trading 1 standard deviation touching outer edge of bollinger band. Heavy rotation out of tech giving cover to strong market. A pullback to 3900 would still keep us on an uptrend. We still can keep at this level for awhile.