tag:blogger.com,1999:blog-1390332969136161956.post1104616909840072381..comments2023-07-02T06:55:31.510-07:00Comments on Animal Spirit Forecasts: 5/16 Daily CommentarySteve Koteleshttp://www.blogger.com/profile/07995142353788940838noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-1390332969136161956.post-74299702799835352622011-05-16T20:43:44.428-07:002011-05-16T20:43:44.428-07:00Steve, I often read your blog but don't post m...Steve, I often read your blog but don't post much. Just wanted to say thanks for all the effort you put into this. My thoughts are that the market is far overvalued and overextended and due for a calamitous fall, but given how oversold we are on hourly/daily charts (and still above various support levels) if that fall doesn't happen here, we have stored up enough energy for a mighty bounce.Spudthorpehttps://www.blogger.com/profile/14053052022741919186noreply@blogger.com