No doubt this is a powerful BULL. I would rather be 300% long, but I've been trying to catch a downward swing that has only been flat.
Bull markets will have the 25%-38% retraces. June 2010 was the 38% retrace from the March 2009-April 2010 move. I still cant rule out a 38% retrace of this late summer rally sometime by December 2010.
Dec 9 is my last key date where any downward swing window would close hard.
Watching 12/9 closely. I'll waive the white flag if the SPX is still above 1200 after 12/9.
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