Alas I am no longer bullish on the blue chips... a shame since I am all long.... not sure if i will ride out the next few months on the long side or just be in the sidelines. I feel the run is now over for blue chips.... with the next 3 to 5 months bringing in wanderless direction. I think we will begin to see the first move that sets off the beginnig of the Russell and Nasdaq leading the markets in 5 to 6 months. In other words the next few months are about money moving from some sectors to others.... high tech will begin its run middle of next year. Ofcourse this is meanless if you daytrade.... but if you like to hold positions for longer time frames.... this info is for you. and if you think this call is just a quack...... well, lets just see what happens shall we?