This is my response that i gave to your post on the P&S thread. -----velo said<< I am sticking to my data. This rally is done.>> i like that kind of conviction.
And i today, just watching all those Astrikos measures, saw one of this most manifestly manipulative ramps in what have been a series of no logic ramps or bizarre, twilight zone gap-ups.
Today all indicators from after the release of the ISM number on were without hesitation "gogogogogo-pushpushpushpushpush." That happens to be a very bad sign for the bulls. Not the least of which it can be a red alert that the bigboys were keeping a retentless amount of positive ticks IN ORDER TO GET IN PLACE THEIR SHORT POSITION for the plug pull. Remember a continuous up ramp is what shorters WANT when flipping positions.
We may go a couple more trading days, at best,imo.
Regards pension funds, endowment funds, and insurance company buying;( "our time line is 100years, so we don't care when we buy":) that be not manipulative, but they do give the big boyz a neat weapon, as they can count on their behavior pattern. Max p.s. the paraducks:) because the 2001 pattern worked SO PERFECTLY today(too perfectly), i am coming out and now saying the 2001 Oct thru December pattern will NOT repeat itself. |
