Zeev's Turnips Patch-No Politics (ZEEV)

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The final thrust is usually the most painful for both bears and bulls. That is what makes counter-trend trading especially dangerous. BTW, I do not see the end of the current run yet; there is no sign of MACD or stochastic divergence, nor any between major index and canaries. It is a distinctive possibility that we may continue above 1500 (perhaps 1560). I do not intend to initiate any short position (aside from short puts; ie. writing puts) until I see a major pull-back first.