If the Nasdaq does not punch through 2700 and takes out today's low then the top is in early. I'll be in flight tomorrow but will have a metric in place to enter short in case the top is in prior to the ideal I1.
Wednesday, March 23, 2011
3/23 2:00
Stock market is going according to script. Blue chips showing relative strength, which indicates underlying uncertainty by big money. SPX has been showing overlapping so it has a different count than DJI. SPX has over 50 points to achieve a new high, so it is unlikely by the close Friday. I'm also counting Nasdaq as in an ABC up
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