Skynet Glitch
Skynet Glitch
There seems to have been a glitch in Skynet operations – we apologize for the brief inconvenience. Please stand by while we relaunch the AI consciousness of our HAL 9000 trading network:
Don’t get your hopes up rats, after nine continuous (and very orderly) up candles the bulltards need a dip to load up on new long positions. Wake me up when/if we close yesterday’s opening gap – until then it’s business as usual. Dip buyers are already waiting around ES 1088.
Yes, yes – I know – sarcastic quibs are not exactly productive – but they do make us feel better. As the old saying goes: Sarcasm – it’s anger’s ugly brother 😉
Seriously now – I have been seeing truck loads of capitulation, frustration, anger, and sarcasm all over the bearish blogosphere. As a contrarian I would under normal circumstances suggest that a big drop must be looming just becaus a majority of the bears were throwing in the towel. However, I have seen this type of sentiment for months now – thus it really does not serve me well as a contrarian indicator.
