Peter Reznicek in the ShadowTrader Video Weekend Update talks about a "Blow Off Top" happening this week..... thoughts?
I believe its happening today
It may not lead to a correction but definitely a move to 185 or lower this week
Today?... he did say this week but other than stating that the market has traded lower this week for the past 4 years he gave no specific reason or catalyst.
eddie.....you need to stay realistic in your estimates........the mkt is not falling 5% this week......nor any week unitl their is a strong catalyst to do so.