The New CS Board

[ahimsak]

Extreme overbought condition, which is actually bullish intermediate term, but bearish short term.

Market is wrong about full recovery, but may be right about fed pumping money will prop up stock prices, while the poor and lower 50% of wage earners suffer horribly.

So what else is new?

Still plan on shorting over spy 295, cant see how we clear spx 3000 by much in next couple weeks. Then a drop to 2650 or lower. Not as sure about that.