Summary:
Despite very bullish seasonality, the market may not be able to go up much because there're too few bears.
Could be more pullback ahead.
INTERMEDIATE-TERM: BULLISH SEASONALITY BUT MARKET MAY NOT UP HUGE
没说的,祥见12/14/2009 Market Recap and 12/16/2009 Market Recap,seasonality very bullish不错,不过too few bears,所以俺怀疑还有多少upside空间。今天AAII的数据又是显示没有多少小散熊了。从图上看,top到不一定,但是也是说向上的空间不大。
SHORT-TERM: COULD BE MORE PULLBACK AHEAD
昨天的报告看short term top is close,理由是QQQQ的黑棒棒,那,今天confirm了介个黑棒棒。大家看看下面的图,出现黑棒棒,第二天又有大红棒棒confirm以后都发生了啥?
INTERESTING CHARTS:
1.4.0 Shanghai Stock Exchange Composite Index (Daily),天朝的规律很简单,大红棒棒以后会跌几天,所以more pullback ahead。
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