Wave 5 is complete and we are at the crossroads. On one side we are in the midst of the destruction of the dollar and starting stages of hyperinflation, on the other side so many dumb "investors" are trying to play the market and they have no clue what they are doing. Margin debt levels are at the highest level in history, the crowd is so convinced that this time it is different and they are always get wiped out. It will be interesting to see how things will develop. In any case, If you are smart you will make money.
Good analysis. After spending nearly 4 months trying to break all time highs last year the Dow has managed to climb 5000pts in 4 months. Just not a sustainable trend. Look at the companies in the Dow. They have not recovered and are in huge debt