Well, if my psyche is any gauge then yeh, the bull play remains on because I am worried. I am actually looking for reasons to be bearish, but my tools do not tell me to be so yet.
So for the moment, not bearish is what I am although risk remains elevated in my opinion.
Another 'not bearish' thing is the mails and comments coming in talking as if some mystical forces out there have inside information on a coming crash. Historically, when this kind of talk hits an excess, the gloomers will be punished first - then the bearish stuff comes as the chart in the previous post may imply.
I know one remedy for the current conundrum; a solid cash level (if you've got profits, you can take some of 'em - you have permission) can make any possible corrections appear more like opportunities than the hysterics that the blow horns constantly try to feed you, whether bullishly or bearishly. But that is so boring isn't it? 'Solid cash level'? But I'm a playahh I tell you!
It still says here that most market players - including professionals - are immature in a way they may not be in most other aspects of life. Whereas I am very mature in this realm, an interview with my wife would yield the opposite conclusion with regard to anything outside this realm. :-)
Look, have balance is all I am saying. Okay, got to go start preparing #102.
