It's a hard call Steve, this could be a top or a pre-blast off, it can be either one.
We have just weird action.
The Bull+sector cash flow has moved 15% in a month, but 5% of that move was the first 3 days of this week and we hadan over 2% move on this Wednesday..
The move at commencement of March 2003 rally was 20% in a month.
Also i have to look at cashflow of all rydex funds for past 6 days to see where the biggest jump is---which i can do, but i am feeling lazy.
But we are totally building huge pressure for a dramatic move.
If Fed comes in at 25basis, that could be ignition to rocket up, and if Fed surprised with 50basis points, for a dramatic move down.
But we know AG hates to surprise the market and he has conditioned slow and easy though various people are saying that is NOT the way to do it.
Crosscurrents puts REAL inflation at 8% discarding all the BS games the government does to get their number.
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