Sunday, February 12, 2012


WHile the avg Joe was putting cash into his pillows, the smart money was all over these extreme readings and was buying the bottom...especially after the FED signalled not on my watch.

IMHO, we have not reached the top of this move. This may only end with a BLOWOFF TOP, a capitulation from the shorts.

It may confound historians that are waiting for the LITTLE GUY to buy the top, this market has been moving without confirming volume, the little guy may have bailed for last time and is not coming back


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