sp'60min
Summary
The 'moon ramp' continues, and I realise for many out there..this just plain...sucks
Oh well, only another 4-6 months to go.
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Video update from Mr Permabull.
Surprisingly..he is bullish, ;)
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We have some econ-data to come...lets see if Mr Market likes it..and can battle into the 1800s by late morning. There is no QE today, but really, trend is up..anyway.
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Over at Silicon investor 'Permabear Doomster in stunned disbelief this morning! LOL ....'
Err...really? I'm not surprised at any of this.
I certainly expected these levels by year end, but even so..its still pretty incredible to see..but not as incredible as the big sp'2000 level will be next spring.
For you Silicon people out there....
sp'weekly8
Its a 'best guess' wave count, and to my own dismay..and contempt..it is looking on track..into next spring.
Special note for the bears..don't get lost in hysteria when we see some weakness Jan/Feb...it will probably just be a sub wave'4..before another lurch higher by March/April.
Have a good weekend...Silicon people!