<<Based on the QQQ, XLK andSPX, the last local high for all three was July 19>>
Interesting.
exchange2000.com
Just a reminder to those of you who are sitting on big profits (I missed this dance, unfortunately), the CPI is out on Tues. morning. A couple of months ago, the PPI came out very nice, the market popped, etc. The next day, the CPI came out, it was not so good, the market pooped.
I'm pretty much in cash these days (still short GMT), so nothing ventured, nothing gained, nothing lost. If I was carrying a good profit into Monday, I would think twice about locking in some of that profit before Monday's close.
Not that anyone would particularly care about what I think.
David |
