Is The Dam Overflowing?

Signs are clearly pointing to a top being in within a few days at most.  The high today of 118.17 could very well be it?  The Dam is overflowing now and will soon explode, as the water of worry will spillover into the happy little town of the bulls below.

When that happens, . . . → Read More: Is The Dam Overflowing?

Lighting Is Coming…

At this point it seems that every normally bullish trader is bearish, but not willing to go short until they see the big institutions go short first.  Can’t say I blame them, as they’ve seen all the bears squeezed into absurdity.  The bulls are probably just sitting in cash, and still in some . . . → Read More: Lighting Is Coming…

Bewitching Hour…

Ever since the March 6th, 2009 low, the market has routinely triggered the computer buy programs at 3pm-3:30pm, and today they were triggered again.  It’s so common now that you can set your watch to it.  Every time there is extremely light volume, it seems that some buy program hits at the last hour . . . → Read More: Bewitching Hour…

New Heatlhcare, Positive Or Negative?

Looks like Obama will get the health care bill passed after all (even if the Republicans don’t like it).  Will it be good for the public or bad?  I’ve heard nothing but bad, but I truly don’t know until it’s out and in the system.  Let’s hope it’s a positive, as all American’s . . . → Read More: New Heatlhcare, Positive Or Negative?