Plexus -- you enjoy reading all the bearishness, but what do you make of the swing in AAII numbers this week, now over 50% bullish? More impressive is the alacrity of the swing (from 28% bullish two weeks ago). II numbers have also shown a large swing to bullishness. Equity call buyers have been on the rampage, as well.
Mind you, all of the above have WON with their money, so they are not wrong. However, those are far broader samples than SI and iHub, and I wonder how you interpret the data.
Also, my take of SI_Shack's post was not that we immediately decline starting Monday (though if we gap up huge, one never knows). A spike-up run of a few days here is probably going to seal a top of some sort by the indicators he's talking about, so it's possible you'd both be right.
Anyway, what is your take on the data points I mentioned?
the freep