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#1 cycletimer



  • Traders-Talk User
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Posted 02 February 2018 - 09:23 AM

Yesterday we gapped down 200 DOW points and reversed. I dont believe today repeats that action. Today should be a Gap & Go, possibly closing at LOD.

NOTICE everything is selling off...stocks, bonds AND gold. Cash is the only risk-off, safe haven Asset today. Has anyone noticed money market and high yield savings account rates lately?
Go to Purepoint Financials site; they online savings account is yielding 1.60%
This new trend will drive savers Out of stocks and back into safe, money market accounts. I took some profits myself last week and transferred the proceeds to this aforementioned savings account.