Vacation

The habit returned and I looked at charts. This will not be a full post. The dollar and bonds diverged from their usual pattern with stocks. The index itself had a nice reversal day in a market filled with "hypodermics" at the reverse trendline with a shortened thrust and a narrow range. 5 or 6 days have the same close + or - 1 point on the es futures, indicating supply is overcoming demand. There have been many selling drives. If the top is not in it is not far off.

Remember, there has been essentially one buyer. Should the market turn on him, he will find few allies among the shorts he used every means to screw.