funky's 'jumping the gun' monday, page-7

Interesting at the moment. I'm expecting it to roll over in the states but I'm a bit sceptical as everybody is bearish and also It has a tendency to keep rallying after the holiday break in the states. All the last few major rallies have started in the holiday period with low volume and kept going.
I guess the QE2 Effect is lessening as we near its end I also expect the rally in the bonds to get stronger before a serious drop if it happens. I'm looking to build a short on the SPX and the DOW unless we get new highs. I currently think they have the biggest profit potential. It'll show its hand before it happens and so we wait :)