Big market correction about to occur

That was the next lower high on the SPY. This round it might fall through the trap door.

 

Thanks for your thorough analysis.

 

That's why I like you Mike. Sometimes your TA is crystal clear and you don't pollute it.

Of course you still need to lose the whole new economy bullshit and amazon wish-casting. Also need to lose the $100 oil this year idea. Only if Oil infrastructure is taken out by terrorist will oil hit $100 this year.

 

massive deflation risks loom ahead.

 

Posters on ET will continue to make useless projections about the future.

 

And others will continue to point out exactly that.

 

do they?

 

Like magic and shit.

 

"this is the top" call # 8,454

 

eventually someone will get it right....