Short Term Trading Member Forum

[Blackbelt1]

Only...
your certainty goes in the bulls' favor. :)

I would feel a wee more comfortable with a put-call ratio a hair lower--could happen soon of course.

Also, irrational exhuberance can continue for weeks, months, and even years in some cases.

The last few weeks have given me a bit of respect and humility concerning Hurst cycles. At a minimum we will likely see the upward momentum arc over into the New Year. Depending on fundamentals, we could see a substantial selloff--or not.

Black