"I will tell you which one it is at 4:00."
The only survey not showing euphoria bites the dust.
Lol... the Dow... it really is a joke. Can't let it close three days in a row down I guess.
Please see March 2000 and October 2007 for reference. Yesterday was a huge one day reversal on major volume. Actually, the last two times, SPX closed more than 1% off its all time highs WERE these two dates. The third time was yesterday.
Like I said, this entire parabolic up move will be erased very shortly. From there we may double top back around the all time highs but the bull very well could be over.
I agree. 1575-1600 will be in play very very soon. Possibly 1530 again but let's wait for that one.
Also, there was the gap at 165.18 from yesterday's low. I still think 1590ish is in play in the next couple weeks.
It won't happen. I think I would walk away for good too though if it did. Why can't we get a nice crash day like Japan just had?
He is being investigated for directly injecting bulls with QE. The QE acts as a stimulant, producing an psychedelic high that causes the bulls to lose touch of reality and consciousness. The state is best described as one of euphoria.
QE withdrawal begins with mass delusions and the ultimate after effects include paranoia, exhaustion and depression. Ben faces life in prison if charged. The illegal drug ring is also rumored to include drug dealers in St. Louis, San Francisco, New York and Chicago. Large vials of QE were also found in Richmond, Philadelphia, Dallas and Kansas City, but these vials do not appear to have been used.