Charts SYSTEMS

[gdl]

You can either selectively believe just the data that fits your supposition or not. I find it amazing that it took 5 years to get here, yet you believe its a conspiracy? It's real, as is every single component, housing, employment, GDP, consumer credit, and most important profits.

Spend trillions on a problem and it goes away, sort of. Lets not try to figure out how we balance the imbalance, but for now everything is coming up rosy. Look at the 10 year note. The market rallies because the numbers were right in line with expectations. A much higher number would have jumped the bond yield and spooked the stock market. For now it's a steady increase, not too hot growth. Lets see what spikes the bond yields.

You can't win if you go against the street. I just wonder if we do get that roller-coaster ride soon. I had thought SPX of 1818 - 1820 was a shoe-in before any decent correction. Today's move suggests a mini-5th wave is going to take us there on Monday.

I believe you had the SPX bounce up to 1808 before dropping down to perhaps 1750's, followed by a wild ride to 1850's. It's all possible.

Still don't see a topping pattern yet.