Late Night Goodie
Late Night Goodie
Just by pure curiosity I checked out the ISEE reading this evening and guess what – in equities we closed at a whopping (and extremely bullish) 242. Now, as I’m not just evil but also inquisitive by nature I poked around to see when in the last year the ISEE closed above 230 – and more importantly what happened afterward:
Here’s your answer – draw your own conclusions 😉
Yes, good chance we melt up to 1080 or even 1100 by the end of the week or perhaps early next week. But you know what happens after parabolic advances – the shoe almost always drops. So, keep some powder dry and be ready for once we hit those targets.
See you on the other side.
Mole
