Tuesday, December 22, 2009

Poised at the Top of the "Box" on Day 30

Bullishness is rampant and buyers feel bulletproof... the stock market cannot go down and Santa Ben will protect us.  Is it really this easy?  Everyone wants a Santa Claus rally, therefore we shall have one?

We are in day 30 inside the "box", but perched right at the top of it... just under key level S&P 1120 that every computer on Wall Street is tuned to.  Let's see if we can make the jump and claim our rightful prize, as the chosen people, of higher equity prices. Is there even one soul who believes we will come out of this 6 week base, to the downside?  1?

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