Patrick,
Biggs is not an analyst, he is a strategist who has been on the Street for 40 years. And when he "went bullish" the other week, he did not change his equity allocation, but now he has.
Hey, I understand that it may not matter. Ta is ruling the day and will until new year highs are made, at some point. I've seen this before.
When the 200 day ma turns down on an index, the bear starts and ta takes over, until a new year high is made. After that, get yourself a 22 year old with no memory of crap like this and follow him. Repeat procedure.
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