Of course, it is not a NORMAL market but all bubbles and manias are abnormal, especially with trillions on the sidelines. 

I will reiterate my FF of last week for a IT & ST top, last week,  If there is any positive vaccine news, or credible  talk of such,  then I will buy tons & tons of ETFs for the LT Portfolio. 

This is a response to the thread last week and quite possible this will happen BUT WHAT IS THE CATALYST? 
 

According to my risk summation system, the day next week with the highest risk of a turn in or acceleration of the current trend is Wednesday the 26th of August.  I'm still missing a few pieces of data which I don't think will change next week's risk profile, but if they do, I will post a response to this note to update the risk window prognostication some time Monday.

Last week's Monday the 17th risk window caught the DJIA high for the week, but the sell off which followed was tepid at best.  The Friday the 21st risk window missed the Thursday low, so it must be labelled as a dud. 

Based on my other market risk system, it would appear that the boring dog days of summer trading may be on the verge of abruptly changing.  The recent happy-go-lucky market bug buzzing placidly up the ever-climbing DOW highway may be nearing a rendezvous with the reality vehicle risk cycle window of its destiny.  Splat.  Surely the big Greyhound bus sized cycle windows  arriving the next couple of weeks will stop the bug.   

Regards,

Douglas

Almost 10 years in the making...…

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Due your own DD, IMHO the Hydrogen economy is going to lead the next century, full disclosure I am an investor in this ENERGY Company....

Hope to be back trading when I become an empty nester in a few weeks