Every other perma bear i used to know on various message boards have turned bullish. Why not ? All trendicators are looking bullish ! Trend on 5-min charts to monthly charts are all up ! ATH on SPX is one monster gap-up away !. Nothing, absolutely nothing can go wrong in this kind of an environment, if one is long. The chinese investors probably went to sleep yesterday night with the same feeling !. I don't trade on sentiment, but a believer in sentiment, nevertheless. Me thinks a nasty plunge is coming soon, just based on sentiment alone !.
I agree, however I don't think it's going to come out of the blue it will be controlled. And it's not going
to be easy to short; Lots of stop running. I will likely go short this afternoon for a quick play however
I'll be quick on the profit trigger.
I am not sure what you mean by "Controlled". Controlled by who ?