thanks gizmo. i thought it was "bob" but it didnt list the author so i wasnt totally sure. it does not paint a pretty picture for the semis next year. it is very weird for me to find someone more bearish that i am. i hope it doesnt get too crowded or ill have to get bullish again.
disclosure: fully long the pharmaceutical sector from thurs close
the sox has made it to the 453 stop out point for bobs sox count so it is negated now. it did it by powering up 10% in 5 days. pretty impressive.
regarding his ndx count i dont think he allowed for over 1610 so that is likely to be dead to.
when this third wave ends we will get the fourth. for my shorts sakes it better not be a flat correction as i could use some gains to get back to the ATH mark that has slipped away after getting there for 1 day on halloweenie
my move to the ndx last night is getting expensive today. the rut and mid are barely green and its already up 3/4 of a percent. barring a significant reversal down later today or better yet right here and now around 10:08, this week will be my worst in awhile.
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