Too many bears in the media -- market is going to way, WAY higher!!
I was wrong - was being too bearish. Being bearish is fine when everyone else is bullish but right now, all I'm hearing is BEAR and EVERYONE and the f&^$%$ng dog is watching the 3 waves!! Those damned 3 waves! They don't mean anything at all, especially if the last one doesn't resolves an just keeps going higher as it probably will. A weekly look at the SPX looks like it's going to go right through the roof and it probably will. Goodbye bear.
The boys at the top know the day of reckoning. All the inverse funds will near zero first; then we will have that correction, but only because they pulled the trigger. We have no control anymore. We are at the mercy of the billionaire boys club in which we are not a member!!!