Monday 23 September 2013

11am update - moderate declines

The main indexes continue to slide, but the declines are only 0.5% for the sp', with the bears no doubt desperate to get a daily close <1700. VIX is 10% higher in the mid 14s. AAPL is holding significant gains of $20 (4%).


sp'60min


Summary

No doubt the bearish hysteria will be appearing across many of the usual sites now. After all, this is the major start of a collapse wave, right?

It remains the same old nonsense, day after day..week after week..from the bears.

None of them want to recognise what has already happened since January..when we started the year around 1400. It is pathetically laughable how short-sighted..and in outright denial they remain.
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Eyes on the bigger picture. That is all that matters.