The market is slow but not weak yet. There are still folks running to buy.
Larry Yatter has shown that some market have started dropping.
However nothing much will happen until all assets start to drop..Gold, Stocks and RE. What will be the catalyst? Higher interest rates or a Dubai-like black swan event.
I am heading into hibernation and probably wont put up a post until something changes, which may not be until the New Year.
Just overbought, or a "good overbought" signal? - *Mid-week market update:* In the past two weeks, I have become progressively more bullish on stocks (see A capitulation bottom? and Buy signals everywhere)...
1 day ago