So I'm going to not follow the market until tomorrow when I will try to say something else clever, but for now suffice it to say that the type of action I have been anticipating for several weeks looks like it is coming to fruition, and may be intensifying going into next week.
In short, it's good to be bearish, and not so hot to be bullish! A simple tale to tell:
And the futures put us right down at the pivot low:
Plus we're entering the Year of the Ox. The previous Ox trading year was 1997, which was a fun year for Jim Cramer I seem to remember.
I'm going to PA to do something sorta stupid. I messed myself up last year in a skiing accident (broken back, broken ribs, screwed up shoulder, out of work for two months...) but I might try strapping on some skis and try the easy greens for a bit, if only to get "back on the horse".
Wish me luck!
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