in the world of numbers … well, they (being the numbers) don’t care about decimal points. A new friend and extremely talented CMT recently twittered that the bull market is 66 months old. if we simply move a decimal point we get 666 which was the low and we also get 2006 days ago at/around a price of 2006. anytime this market “touches” the “square out trend line” below it usually takes a dip. one of these days it will take a “big dip.”
I AM NOT SAYING ANYTHING MORE THAN THE MARKET IS SQUARING OUT PRICE AND TIME … NO DOOMSDAY, THE SKY IS FALLING, BEAR MARKET, CRASH, ETC. JUST WE ARE SQUARING OUT THE LOW IN THE CASH S&P AND THAT’S SOMETHING TO PAY ATTENTION TO …
