I am not a huge cycle fan as seldom timing is never exact, but between what people to believe there are a crisis, so do the markets. Trading is never about supply/demand, that is an illusion, trading is what people to believe or imagine that market to do. And the more people have this opinion, so does the markets go up/down, and at some point, people like me start thinking that are way too many people thinking some market should continue to go up, up, up. Ever check out magazine covers at Barnes and Noble? When you start seeing many talk about Dow 25,000 or some high number, BAMM we are close to huge correction. And people like me who continue to sell the market new contract highs that hedge will clean up cause nothing goes up forever nor will reach zero except for the Enrons' of the world.
Generally the majority of people are wrong in trading and have the least money but always have opinions of why something should continue, and those who are the minority in the markets have the most wealth and stay quietly just waiting.
Opps, time to make another big bucket of Grandma's medical lemonade. Yeehawwwwwwwwwwww I Luv weekends.......
