Wednesday, May 29, 2013

29 May 2013

 Short term declined today.
Medium term continues its decline from two weeks ago.

Sorry for the straight line movements between today's point and recent points.  As I said, I couldn't update it due to software issues and vacation.  Either way, the current value is what its important.

Buying climaxes remain elevated.

Remember my rule on rally timing.  When the shittiest stocks finally get rotated into, the rally is almost over for everything.  See the Nikkei and Fannie Mae lately.  This is much like the Dow compared to the Nasdaq as of late too.

The Dow still hangs in the clouds.

"How far you can go without destroying from within what you are trying to defend from without?"
Dwight D. Eisenhower

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