Is the range between 2825 and 2875 the battle ground where
the bulls and bears fight it out and set a new direction? Maybe that should be the Jets and the Sharks
for those who are still whining about current events. Hmmm, a West Side Story reference with subtle, yet somewhat nasty undertones...
Do you sense an angry, dung-heaving monkey?
It's not easy looking at this two-year chart since September of this year and
wondering why we are not taking advantage of this little downtrend. It's "little" if you look at a five year
chart. Always makes me feel
better too.
Anyway, since MensaMonkey has signalled a short-term downtrend, yet the
bigger trend signal is still pointing up, so say He. Hey, don't
blame me, Dr. Frankenstein never house trained his creation either. I can only follow along. Luckily, MM is wise enough to know when he is
confused and decided to sit tight in the BND.
Mechanical systems feel no fear or greed, like monkeys do.
That combat zone between 2,825 and 2,875 could just be
another technical mirage. I've been
HOPING this market would go up for a month now only because I want to unload some calls that I had
the bad sense to buy a while back which includes some EBAY that I HOPE will
bump its head on $50 again. Too much "HOPE" never ends well.
The lower end of the zone, 2825, is fast approaching. Will the bulls put together a little song and
dance and beat up on those angry bears?
All I can tell you is whether its Bulls, Bears, Sharks or Jets, Mitt
Romney ain't risin' from the dead, and that fiscal cliff thing...well, it will
all work out just fine. Get over it.
