should not have to wait too long, a train is coming for sure, I think I hear a whistle but can't yet tell which direction. My advice, when you come to a fork in the road, take it.
If and when it snaps to the upside the pent up dark pool of money on the sideline will pour in and fuel a giant squeezy..it will be epic and not expected...therefore likely to happen.
IMHO, they are all Robots now and don't need vacations, Robots don't care about sell in May go away voodoo or sell in June for a summer swoon worries or Sell in July at the Summer high such nonsense. They just trade on whatever the Fed feeds them for breakfast, lunch and dinner.
hmmmm I see, since I trust both sources I should just stay on the sideline and wait except with my little commodity play slow movers. Thanks
-- elliott wave analysis suggests that stocks have been in a wave four correction
-- since bull markets usually have five waves, that means there's another upwave to come
-- both versions of nyse advance-decline line look strong
-- s&p 500 is headed toward april high
Well all I know is that I don't know but a lot of folks positioned short and it feels like a heavy thumb is pressing on the scale, a follow through to the Bull side into the close gonna get a lot of shorts very nervous and possibly trigger stops so a slingshot effect could finish out the month on a high note and Sell in May will be an afterthought...
Dangerous conditions for Bulls remain very high around the first week in July. Potential for a lot of short pain for the Bears as their resolve will be tested...
Stand By for further developments, Squeeze Play chances now raised to Defcon 3
and the beat goes on, and the beat goes on
Grandmas sit in chairs and reminisce
girls keep chasing girls to get a kiss
The cars keep going faster all the time
Wall Street sharks still cry, "Hey Fed,
can you spare a dime?"
and the beat goes on....
Every day a different FED Bobblehead is yapping at the podium preaching the FEDs doublespeak message of disingenuous banter meant to assuage the Sheeple's insecurities and feign transparency for our topsy-turvey Wall Street minions.
SGG working off over bought conditions and is in solid uptrend, holding all three positions and waiting for GDX to return to base