gjI say boy, I say, you are a D_O_G, chicken.LOL.Seriously, good...

gj

I say boy, I say, you are a D_O_G, chicken.

LOL.

Seriously, good work there.

Not sure why you are amazed about Spain up 50%.

If for example you fall from 1,000 to one and then go to 1.5 it is a 50% rally based on the low price.

I wanted to buy the Greek market at the exact low but IG Markets would only allow shorting.

It has doubled, bugger!

There are all time or near all time extremes everywhere in all markets now.

There are but two views.

The rally since 2009 of 47 months is completing and the next bear leg is about to start.

OR this has all been a basing period and this extreme action is just the initiation or kick off phase.

Initiation phases can have a sharp set back and then continue for years.

Alternatively they can run for 15 months or more with nothing more than a 2 day pullback.

I have conflicting views here.

My Armstrong methods suggested April 30 2011 as a top and it was.

Then May 27 2012 as a low. We got June 4.

That means the peak should be June 24 2013.

How that works with a long running major low of July 5-8 2013 I don't know.

A quick crash, or only a minor pull back!

I do know you don't fight the indicators.

My major cash in funds is still long but I play the daily action day by day and try to offset the intermediate term with various tacticts like we all do.

Love this game.