mlsoft, I find myself agreeing with you on everything except the above. I can't see how the gambit is running out of gas when we are making new highs. I think you can say that if and when price breaks down but not when it breaks up. I thought upside breakouts mean the gambit is picking up steam. Of course the gambit will be over at some point but that is like saying we are all gonna die some day. Very true. The hard part is to time it just right. You could end up being right about today's price being the final high of this rally but chances are overwhelmingly against you. Just like there is always somebody that wins the lottery. It's always somebody else though.