Hi, I am the GSR and I remain poised to move higher, after a little more consolidation and refreshment of bull spirits.I really want to go on and break the neck line, usher in deflation as the dominant macroeconomic topic, consolidate against hope as policy makers once again spring into action and then finally, as the illusion that these clowns actually have the power to effectively control markets fades away (as credit continues to contract anyway), proceed higher off of the Cup & Handle.
At that point we should be just about ready for a new system.
Aren't these scenarios dreamed up by random financial bloggers fun?