Been running through a lot of indicators and what we have is a mindbender, as AI said earlier on, the crosscurrents are indeed showing we are in fierce Bull/Bear Decision Point Battle.
Regards NASI i have focused on it's CCI has key to whether it will have a breakdown or a long bull run ups it goes and goes.
But i find the extraordinary difference in volume versus the same 5 days before Memorial day to be casting a shadow over the bull indications.
2.4 billion shares less traded this week than a year ago, a 24% drop in volume.
here's a new bit, as can get NDX100 volume data now.
What percentage this week of COMPX were from but the 100 NDX stocks. Answer 48%, whew 100 stocks grabbing 48% of the volume.
How many stocks are in COMPX???
I now have to ask a serious question how really really badly does WS want Bush to be re-elected???
As they do theoritically have the power by selectively feeding money to mega-caps to push inch by inch higher and higher indexes and still not get hurt when the sell-off starts--they simply buy puts before they dump.
If this were the case 12% of my ammunition would get, for the time being totally buried and i would have to wait and for the sublimely absurd levels to be reached to go to the big addition.
Point being, if WS has a major desire to do what they can for Bush to win---a vigorous market being their method, then Zeev's election year scenario would pan out-because WS has the power to do this.
So the Big question remains, does WS have a major desire for Bush to win????????????????????????????????????????????????????????????????????????
He played his video game night and day.
The MAZE of Death.
But that is the game we all are in, the trick, don't believe it.Get above it all and imagine nothing is what it seems.Kill the machine.otraque
AI
