Do we believe another low volume rally? One that followed a higher volume decline? Or one that erased Friday’s bearish key reversal patterns across the board?
Soros had it right – hop on the trend where the crooks live and hop off before they get discovered.
But where are the bears? Indeed.
Do you get the feeling that everyone is starting to drink the kool-aid? For kicks, go read TedBits at traderview.com. A bit extreme on the panicky side but the chickens are coming home to roost. When they get here is the question and we can go broke anticipating it.