Funbet
I think Honkers is bonkers.
I have been wrong about a top so probably still am but it looks like a disaster in the making to me.
OK, from June '87 to Sep '87 we did a 30% move up before crashing but Honkers has done it it a month.
That is fine from a depressed low but from a brief selloff?
Farsight
I agree.
The market action is bullish and it may remain so.
I reckon either a top here meaning around this coming weekend or we continue into early November.
My indicators have been bullish for a while now but I am keeping permanent positions small and working on the day trading.
If at some stage soon, there aren't a lot of disgruntled Chinese, I will be surprised.
Maybe it just goes upward forever and all the Chinese housewifes become zillionaires.
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