agreed, we wouldn’t just blast above ATH with no speedbumps. And before going higher we need to at least build some semblance of a right shoulder on the daily (B1 mentioned an inverse h&s on the daily a few days ago). They ran it right back up near ATH with minimal stopping.
I see us heading back down to 5350-5400. And that may coincide with the Fed rate announcement.
Positive expectations are required for positive outcomes. It is a basic rule of life. Just like the rule of abundance. The more your give the more you receive. WRT the latter, think about it. You want to hang out with people who are generous and get some synergy or hang out with people who are only in it for themselves, like rats on a sinking ship.Sorry, but I no longer share in such a negative view of the world. I'd rather prefer MAXIMUM JOY than MAXIMUM PAIN. Instead of concentrating all the wealth in the hands of just the few, I would like to see smaller slices of that wealth equitably distributed to everyone. As human, everyone deserves to be happy after all, don't ya think?
No Pain there see! Just not a permaBULLHoly F. Looking at my best day ever today. Studying the last 24 Septembers in detail this weekend paid off. Or maybe I just got lucky. LOL.
I'll see your 5580 and lower it to 5577.50