Unrelated question, but have been seeing a start of the same parameters that preceded the market crash of 2000 start in the last week. If this pattern sustains over the next month it will confirm at least this one important technical. That is, that back then major funds rotated into the strongest sectors to keep manipulating the averages while at the same time selling off all the other weaker sectors that had been pumped up from their multi-year lows where they had vacuumed them up from years before,(here is the trigger... up till now for the last 8 yrs select rotation has been the mark of this old bull we're in but now as we're speaking the selling has spread across multi small cap sectors as in 2000 as huge money is pumping the select few to prop up the DJI,SPX,NAZ 100 averages while this selling starts to go on.), so as back then they (got John Doe to buy the pump by spending tens of millions on advertising to make it look sexy to own internet stocks...in particular the Nasdaq had one that played on CNBC 20x's a day with some beautiful fox kissing some young buck because he was long internet stocks) That major selling off of the small caps has just started, as the averages are being propped up very heavily by the top 100 if that. And it's childs play, because these top 30 to 70 companies are 100% fund owned, some even at 110-120% owned by institutions. Anyways, the giant ponzi started to crack only 90 days later. Bingo! I just might buy some UVXY once my trading signals give me a bullish harami buy signal on UVXY, (don't want any false starts from emotions and reasoning, algebraic only = algorithym). This next signal may be into the holy grail of volatility that we have ever seen in our lifetime. I am not a doomsdayer, this is the study of mathematical equation set in motion in real life situations. All here please give me your opinions on these thoughts. Thanks much, the KID.
