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Re: None

Tuesday, 12/14/2010 10:38:31 AM

Tuesday, December 14, 2010 10:38:31 AM

Post# of 8308
Last time, I said that despite everyone and their brother being Bullish, I doubted that they can do too much damage to the market before Christmas. I was and am, however, open to a one-day-wonder on the downside. So far, that massive shift at ISEE has been a bust. I suspect that we may have witnessed an op-ex and end-of-year-related artifact. Of course, it could play out today. There are even more Bulls among newsletter writers and Bloggers. Big picture, that's still more of the same. ISEE took a big fall last night and that could support a bounce today or tomorrow. Message board pollees were also heavily Beared up. That said, I've noticed that they aren't always such a good fade when they get leaning. In fact, they are uncanny about getting positioned PERFECTLY at market tops. So, play it by ear but take your Sells.


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