If you follow me, you know I am a 90% bear, and play sharp downward moves, and the vxx. I just don't have the schedule to day trade like most if not all of you. But I watch, and as the bear sleeps, I keep one eye open on these markets. Did not play this run up, did not believe, although I hope the Dems leave the Reps alone so they can fix this, I fear the dems will pound relentlessly until they get what they want, their power back, to force idealogies on the entire population. This is a battle between that. i.e. if Trump stops the flow of future democratic voters, dems will stop at maybe nothing to not let that happen, way too much at stake here for both sides. All I know is to me this spells volatility. Plain and simple, maybe not yet, but soon. GS holds the power, and that chart, as well as many other looks similar to a theme, buyers exhaustion. Just IMO. hey, lets be careful out there.
Comment:
As vehicle sales go, sadly, so goes the economy. The hype wont cover up the facts, the bear facts. When the reports come, and a lot on this friday, we will see wont we?