Justa's Dive Bar

[Justa Werkenstiff]

F: You may be right eventually but short term your thoughts fit into my scenario.

Also of note is Zeev's acknowlegement today, finally, that his 8/17 sell signal was wrong. He has been hanging on to that call for weeks and I guess the joke became apparent (if for a second) even to him. As far as this thread goes, that is not a very bullish short term development.

"Pretty sucky" is an equity rating based on risk/reward between the stock market and a money market yield. Yes, we can remain overbought for a time which is why I am not bearish (really neutral) here though we are overbought on a weekly basis but that overbought condition and upside resulting therefrom looks unappealing.

A close near the high as speculated this morning looks to be in order.