The higher the stock market goes, the worse it looks. Yesterday, the genteel crime syndicate charged with pushing shares higher had to do its work in the middle of the night, before any real sellers showed up. The intraday high occurred precisely at at the 2134.00 rally target I’d sent out the night before, allowing at least a few subscribers to get short at the top. I suggest monitoring the position closely if you did, since it’s unlikely that Tuesday’s peak will prove to be the beginning of the Mother of All Bear Markets.
