Well, at least this market is one thing: very predictable.
Just another consolidation grinder at all-time highs.
So what's new?
We all know that a big red bar day is coming - they always do, eventually.
Yes the breath is waning, and I would have to agree with Brett that there are a fair amount of stocks on the 52-week low list and quite a few of the high flyers have been nicked. Breath sucks!
Price is extended enough now that a down day could be a nice go with scenario.
We all keep waiting for the September and October sellers to show their hand, but the governmental liquidity appears to be trumping it all once again.
I really wonder what the destination is should this 2000 level be firmly cleared before any major correction takes hold.
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