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McCellan TICK Tops And Optimism Ends Badly...

Feb. 24, 2016 2:55 PM ETSPY1 Comment
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McClellan offers a free weekly and the "EOD Tick" reading shows what professionals are doing, with the current reading indicating a top:

www.mcoscillator.com/learning_center/wee.../

I've warned you of taking "ZeroHedge" with a grain of salt - given extreme bearishness and a website so loaded with ads that it crashes every browser I've tried, and I've tried them all! - but the 1st chart shows that inflation projections have been too optimistic (buying the CB argument that increasing inflation is desired - a questionable premise only good for bailing out debt-heavy govts?) AND economic forecasts have also been too optimistic:

www.zerohedge.com/news/2016-02-24/todays...

Analyst's Disclosure: I am/we are short SPY (USING OPTION STRATEGIES).

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