CHARTS_CCI_SYSTEM

[gdl]

The problem with finding the top is that along the way it is always easy to see negative divergence that morphed into positive territory, especially during consolidation periods. not unusual for this pattern to develop. I agree we are stretching things, but for the last 3, 6, and 12 months people have argued the same point.

Fundamentals are now getting to an interesting juncture. The street now sees the possibility of double digit earnings this next quarter. Now that's a big incentive to push momentum to spike levels. I would love to see a classic steep vertical move. Perhaps we have just entered it.