The collision of global markets and social mood

Wednesday, April 14, 2010


This is just what I've been waiting for. The signal that the trend is far enough along that it's even being discussed by writers in editorial meetings. Sadly, the public won't be far behind. Already mutual funds inflows are upticking.

Other than this fine example of uncontradicted bull dope -- one of my favorite Jessie Livermoreisms -- I haven't had much to add since the scenario outlined in Turbulence. Today was the new moon. Friday is options expiration. 1225 is still so close. And Max Pain is 1150. I wish you good trading.

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