I know when the top is approaching when I feel I need to get in right now. When I am totally frustrated and feel like selling the entire thing, then the bottom is near.
A/D's looking more favorable for another challenge of the MP level at 1404.25 now.......... http://www.charthub.com/images/2006/11/22/AD_Track__2.png I need the NYSE to cross now and then we can get somewhere.
another flat trading day....should get interesting by this afternoon. Friday the market is going to concentrate on retail sales. $27.8 billion is the number to beat for this 3 day weekend..
News no longer has an effect which includes retail sales numbers. At this point traders and funds will keep the rally going till the innevitable blowoff top which may happen a long time from now.