I'll start it off again this week, early. I'm going to make a few posts regarding sentiment and other such things as I feel we are getting close. It's either already done, or it has to have that final, insane, suck every last one in blow off move. I'd hate to think that move carries all the way to 2000, but it may.
Many are watching the 1750-75 area and areas near that, so I think the odds of that being it are very slim (you never know, though, especially if they say that area will only check it back a little, or not at all, and then they post higher levels, which is what I suspect they will do...).
I wish it could be here, but I just don't see it. Also keep in kind, the debt ceiling is coming up again this fall, so maybe that's the phony catalyst. I just don't know. Anyway, some sentiment to ponder coming up.
http://slopeofhope.com/2013/07/runaway-russell-epiphany.html
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jimkane
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Okay, that last question has now been answered. That was fast. Way too far below the line. Now watch the GZ here, which is also the 4PT area.
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jimkane
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Ah, right, GOOG missing earnings and taking about 60 off the HOD. I'm sure they'll make it all back and more later today or tomorrow. MSFT missed, too. I guess that means tomorrow will be a big up day.
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jimkane
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It's official. Detroit just filed BK. I know, I know, but still, 'Holy crap'.
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jimkane
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This should get the weekend started off on a good note...
http://www.zerohedge.com/news/2013-07-19/friday-fiction-or-fact-funny-drunk-ben-bernanke-speaks
http://www.zerohedge.com/news/2013-07-19/friday-fiction-or-fact-funny-drunk-ben-bernanke-speaks