"Given what i anticipate tomorrow and the probable consequent monday follow-thru, i would think that we're now looking at tues/wed at the earliest, if that. Remarkable as it may seem, this mkt. wants to go higher first; and, at this point, spx 930/40 and comp 1490/1500 wouldn't surprise me in the slightest."
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leon...
I agree - it has been frustrating. For myself, the hurdle was to give up my charts and fundamental analysis and understand what was staring me in the face on a daily basis - since early March (to an extent since the July and October bottoms), it has been and still is AG's market. He is in control and will remain so until the bears decide he is running out of gas and head to the exits in unison. Once I was able to stop fighting that thought and understood why he was doing it, the market has made a lot more sense for me and a whole lot less frustrating. Unfortunately, I fought it longer than I should have, believing my charts and fundamentals would prevail regardless of what he did.
I agree that there is a high probability of a good day tomorrow and if so there will be follow through at least Monday and Tuesday of next week. I would not limit the move though, because the key to understanding this market is that he is going to drive it as high as he can and as long as he can, and that could be more than just next week. I have no idea when we will top out, but I see nothing that says he cannot drive it until close to warnings season begins, around the time of INTC's mid quarter update.
mlsoft
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