"The icecap may not be the only thing shrinking in the Arctic. The genitals of polar bears in east Greenland are apparently dwindling in size..."
http://www.msnbc.msn.com/id/14485634/
Finally! The explanation why this market got as high as it did!
As the market is going up for the third month without a pull-back, one would think there would be some fear it might have one soon. But, there is NO fear based on call_put ratio and VIX (see charts). With such strong bullish sentiment We should get a correction as soon as next week. Everything is in place for a decent size dump but what we need is a catalyst. I suggest that the catalyst will be AA earnings report Monday after close. AA could set the mood for the whole earnings season. AA keeps going ballistic and may tank on a slightest disappointment (or even without it).
http://www.msnbc.msn.com/id/14485634/
Finally! The explanation why this market got as high as it did!
As the market is going up for the third month without a pull-back, one would think there would be some fear it might have one soon. But, there is NO fear based on call_put ratio and VIX (see charts). With such strong bullish sentiment We should get a correction as soon as next week. Everything is in place for a decent size dump but what we need is a catalyst. I suggest that the catalyst will be AA earnings report Monday after close. AA could set the mood for the whole earnings season. AA keeps going ballistic and may tank on a slightest disappointment (or even without it).