Comment Cleaner: 317 – New Record!!
Comment Cleaner: 317 – New Record!!
I think we got ourselves a real blog going here – 317 comments for an intra-day post ain’t bad. Berk will do the update tonight, but real quick off the cuff: It seems that the triangle pattern is history, at least judging by where the futures are right now. Technically, I need to see another drop in the averages, but it’s almost academic right now. The next two days should be extremely interesting – and be assured that Berk and I will share whatever we decide to trade. Hope y’all had a good day – I banked some modest coin only as I was extremely distrustful of the tape.
While Berk labors hard to assure you leeches don’t stumble around like zombies tomorrow, check in with one of my favorite home boys, Karl Denninger:
In that context – let’s call this my favorite chart of the year:
The power of foresight:
The question we should ask ourselves is: Where do we expect the SPX to be 6 months from now. Berk and I will probably present a pertinent post in a week or two once we are starting intermediate wave (4) to the upside.
Cheers!
