I agree with 17 Planet Larry. The S&P 500 just hit the 200 DMA and it’s going to be another top and drop as April.
Double top with April on the DJIA:
It is time and I am ready.
Boy, was I wrong and how. The ramp job in futures freaked me out of my speculative short position within the first 3 minutes of the open. Forget it, none of the technicals work as long as Bernanke is directly intervening in the equities markets:
QE to infinity, as Jim Sinclair says, and the dollar sinks to new recent lows. My PMs and related stocks are on fire, but this is as scary as it is infuriating to anyone who understands the end game.