The Black Box

[Justa Werkenstiff]

Steve: Re: "that "smart" guy went 100% short at 1595 ndx so im not feeling real good about now. when i left home today the ndx was down a half percent. upon my return i discoved i donated 2.5% worth of blood in the 2x fund. thanks for the kind words as they are very much appreciated tonight.

We all make mistakes for sure. How do you see this playing out? Gaps like this one in the Ndx can persist for one or two months at least. Moreoever, this last gap was at an important point for the Ndx at multi year resistance and we have made a new high. I had been treating the Ndx with little respect up until this point as the trend had afforded it none for years. It looks like things have changed for now anyway.