If there were a host of bears here chanting war cries then...

If there were a host of bears here chanting war cries then perhaps it wouldn't go down - market always catches the majority out. The fact there a few bears should be a worrying sign for the bull camp. The move toward the exit doors on the bullish sentiment chart is gaining momentum, but one would think that if the move down on US indicies can't pick up some steam this week then the "distribution for a few months" scenario (choppy to whip-saw both sides of of their dough) would be more likely to play out than a fast move down from here. The former seems the more likely, particularly after a strong 2 year bull run and Ben's steriod injections continuing unabated.

JPM cutting growth forecasts is interesting. Those scum bags usually start pumping out this type of negative stuff once they're sure the public are as fully invested as can be expected.

Still struggling to pull my finger out and do some TA but there's no rush to take a position. Easy does it.