Dow TOP call - 10yr top formation done

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this thread is one of the funniest on this site.

the fact that the OP is probably the only one on the site who has a moniker true to his life makes it more so.
 
Where is the HERD at? :)

The dial on the sentiment gauge is EXTREME right edge. I'll get the latest DSI measure soon but here's one that I generally don't use, but I might look into over the next few months ....




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YES DB! You are finally learning! Use the confluence of trend lines at
10,470 as your downside target if valuation sell off is accompanied by bad news out of Europe!

Otherwise reinvest closer to 10,800. ~ stoney
 
Quote from deadbroke:

Where is the HERD at? :)

The dial on the sentiment gauge is EXTREME right edge. I'll get the latest DSI measure soon but here's one that I generally don't use, but I might look into over the next few months ....




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EXTREME !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!


might have to bring the BANG !!!!!!!!!!!!!! back

as you are as much of a joke as INCY was
 
The DSI for the S&P 500 index pushed even higher last week to 94%. It is now slightly higher than the April 2010 levels and approaching a 4 year extreme.



S&P500 Daily Sentiment Index (DSI) = 94%

higher than April 26, 2010 top = 4yr extreme.

Dow Jones continues up. Will attempt calling the top when I see it.
 
Deadbroke, I meant to post this as a suggestion for how to draw trend lines and see the big picture. It is a few weeks out of date but serves as a good lesson as I will show the follow up next.
 

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Just something to help you call the bear market. Now I'm not saying what I think, perhaps more like throwing some fuel on the fire as I enjoy this thread :)
 

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