For those of you pop culture junkies, the headline is the short-version of today’s message. Who knows this open from a 1960 TV show theme? (post your knowledge here)br /br /div style=”text-align: center;”iIt’s about time, it’s about space,/ibr /i About two men in the strangest place./ibr //divibr //iWell, today’s column was about time. Today’s blog is about space. Men in strange places are up to /br /The market is now knocking on the ceiling for a breakout and that ceiling is fairly close to a 38.2% Fibo retracement of the decline. Something about the decline itself looks rather Elliott-esque.img src=”file:///C:/DOCUME%7E1/mnk/LOCALS%7E1/Temp/moz-screenshot.jpg” alt=”” /br /br /a onblur=”try {parent.deselectBloggerImageGracefully();} catch(e) {}” href=””img style=”margin: 0px auto 10px; display: block; text-align: center; cursor: pointer; width: 354px; height: 226px;” src=”” alt=”” id=”BLOGGER_PHOTO_ID_5192523844554299746″ border=”0″ //aAll of you Elliott wave propeller heads out there need to cut me some slack on this one. But I see a nice 3 waves down from the top in a 5-3-5 pattern. I know the breakdown is not right for an overall wave A down but the spirit of the pattern is on my /br /Next, the whole trading range smells of a corrective pause after the decline that will culminate into a vicious major C wave down from /br /Not going to speculate where that C begins – here or 5% higher. Can’t give the store away on a /br /So there you have it – time and space. If only we had smell-o-vision. Wouldn’t it be great to be able to smell a sweet or stinky market?