Well, look at those futures. Look at the Nikkei, and Australia. Can anyone say 'melt up'? Looking at those 1,100 areas next. Otherwise, it's long, long, and more long. Long and never wrong, I like to say. Yes, I am still giving this daily area its chance to play out, since it did a finishing move here, and the sentiment is just extraordinarily bullish (many sentiment indicators are more extreme than at the Oct 2007 top), and the DX is still in its potential reversal area. I am not going to lose respect for this area, and woe unto thee who does. But once it clears this I'm not looking short again until the next areas, or if it visually reverses. The darn thing is just sooooo heavy, though, so outrageously overvalued, it just looks like it will collapse from its own weight any second...
Signed,
'Long and paranoid'