Just have a look at that momentum graph, second lower pane. As flat as ... well ... have you been out back - that's what it looks like. You drive for miles and miles and miles. And there's a few dips and hollows, a few scrubby trees. And if that's your idea of excitement ... you're welcome to it.But ... somewhere, very soon, something exciting happens. You don't know what - but it will knock your socks off. That's the wonder of the out back.
Now - have a look at the top chart - its a chart of the Advance/Decline Ratio with a 13-Day Moving Average. That's the yellow line. The last time we had real "stodgy" was back in June/July 2009. Remember that. It suddenly changed to a very big upward trend which kept going until mid-October09.
This time, "stodgy" has been going for even longer. See the yellow line - just vibrating sideways.
A biggie is coming - I could say TSUNAMI, but I won't. (OMG - I just did.)
Which way - nobody knows. Anybody who tells you they know - don't believe them - it's just guess work. Believe it when it happens. There'll be time to react and go with the flow.
Just get on that surf board and ride it which ever way it takes you.
Cheers
Red
No comments:
Post a Comment