Jim "Cornbread" Willie: No, I tend to agree with you. I see two scenarios as follows:
1.) Like we have talked about in recent weeks, a little pullback in mid or late September. Essentially post Labor Day stuff. Nothing bad like 3650 stuff. Then a run again, with another pullback that would set it up for a nice run by year end.
Or, and this is where I have changed my thinking a bit,
2.) A pullback now, but again, nothing terribly bad like 3650 stuff. Rather, just something to shack the trees for awhile. Then a gradual climb to 5000 to year end. Up a little, then back, up a little, then back. Ya know, the old up 3, down 2 rule of thumb.
Back in the spring, I think we talked about scenario 2, given the first few months of the year and the Naz pullback then.
Critters in my family tree you ask? Yes, there were.... BULLS!
BTW, my sign is Taurus the Bull!
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