The action is ugly. The pullback has lasted longer than most have expected.
Have we topped for the year? I don’t know, but I still think better days are ahead for the bulls, and soon. But, I have no confidence in my own call, and reading The Fly the last few days brings back memories of funnels and things of that nature.
I don’t like funnels.
I’m out of this godforsaken market, back to cash for the weekend, and it feels damn good. I’ll be back later tonight with the weekend top 100, you guys have a good weekend.