There is no TOP

With the post like this, there will surely be a pullback Anyway, expect new highs, parabolic rise. 11000 will be the new support . Good luck all.

p/c ratio at 0.32, bulls are on a stampede and the market will make a parabolic ride.

The most bears can hope here is a 3rd of a 5th wave is completed with the speculative recognition probably 5th of 5th still to come?!? Last post before I disappear for the day... I cannot help by notice that this rally will now drive the yields higher and the refinancing in the real estate is about to find out the reality. I just do not think the structural problems is fixed in any way despite this enormous breather the economy is given by central banks and now what everyone talked about 18 months ago is completely ignored, people are getting greedy and running over each other to capture whatever gains left they can... Good for them, but the game is roughly about the same. So, go figure, this will be proven probably to be just another mania... I don't know yet, but probably in about 2 months it will be crystal clear what it is...

What every it is, the train is still going north. No sign of slowing down yet. DOW 11250. Go Go GO

I still don't know guys. I had possible 50 target on QQQQ for awhile... Never thought it would hit.... I do see we are at resistance and we should get a pull back... Given that we were up big today and we are at resistance, it will be difficult to break much higher tomorrow without a pullback.... With that said, if it does, we will go parabolic, and NYSE negative divergence on McClellan will disappear... I won't chase it but get into cash... Barry

I still don't know guys. I had possible 50 target on QQQQ for awhile... Never thought it would hit.... I do see we are at resistance and we should get a pull back... Given that we were up big today and we are at resistance, it will be difficult to break much higher tomorrow without a pullback....

With that said, if it does, we will go parabolic, and NYSE negative divergence on McClellan will disappear... I won't chase it but get into cash...

Barry

i guess today felt a lot bigger than it was...1-2% gains in index stuff...not really parabolic.

I still don't know guys. I had possible 50 target on QQQQ for awhile... Never thought it would hit.... I do see we are at resistance and we should get a pull back... Given that we were up big today and we are at resistance, it will be difficult to break much higher tomorrow without a pullback....

With that said, if it does, we will go parabolic, and NYSE negative divergence on McClellan will disappear... I won't chase it but get into cash...

Barry

i guess today felt a lot bigger than it was...1-2% gains in index stuff...not really parabolic.

Yea... If CBOE put/call was not so low I would have covered... If volume wasn't declining after the strong opening, I would have covered... Same routine for tomorrow... We have new claims tomorrow.... I don't expect that to be bullish...

Barry

NYSE negative divergence on McClellan will disappear...

With the MCSUM as high as it is, we should continue to see divergences in the MCO for the unforeseen future.

We should also see the MCO stay below the zero line as well with prices moving to higher highs.

It's just the way the math works.

It is because of these truths that the current MCO configurations should not, in any way, be used as a proxy of whether to go short or long.

Fib