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Pastimes : The Philosophical Porch -- Ignore unavailable to you. Want to Upgrade?

To: Rarebird who wrote (12872)	3/28/2022 11:30:27 PM
From: Rarebird	Respond to of 26251

Not much to say here except to repeat that the Bulls are in charge and control here. A consolidation would, of course, be healthy. But when a market has sold off the way it has for the past two months, it would not be unusual to see any type of consolidation here to be quite shallow in terms of price, time or both. The first half of April is one of the most bullish times of the year with money flowing into retirement accounts ahead of the deadline. Honestly, I'm surprised to hear people elaborate their bearish Bullshit. Don't get me wrong, there is a time and place for that, but there is nothing to be bearish about for the next 5 weeks. I, for one, wouldn't be surprised in the least to see sentiment turn exceedingly bullish over the next five weeks. Looking for reasons to be bearish when there are none to be had is the epitome of stupidity or extreme irrational fear. When I see SPX up .71% and the A/D line is negative, I'm not impressed. But that's life in a late cycle environment. Hopefully, that will change over the course of the next few weeks. Start dreaming big, bulls.