When all the bulls stop posting, the bottom must be near.
if we have to post every 3% correction, we should have nothing to do all day long. in May when Joe six pack was bearish as hell, I had an spx target of 4550 which has recently been hit and exceeded. Then I posted that the only decent correction (like that of April) would come in September-October as I considered the ongoing correction just an affair of 2%. Instead it's more than 2% so that I can say I undervaluated it. However the bull is young and picking tops, even short term, will be a hard exercise of masochism, as it's much easier following the trend up.
I was wondering about the snort oh no man so quiet last week