Replies to post #769 on The Black Box

[wahz]

You have done such a magnificent job detailing what I was trying to say, poorly, in my post to larry last week.

A week ago, we were at the critical juncture where if we went higher, it would drive us into readings consistent only with a new bull market. I said it on the 16th or 17th. Now, we are at another critical juncture where we must get follow through on the weekly, despite now being tremendously overbought on the daily on the spx, to confirm a new bull market. Just mo