Building Value: Consolidation

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S and P 500 Index, 10-day, 30-minute chart.

It will be interesting to see how long we hold here. It appears to me a secondary entry point for longs. Maybe we chop around here, and push past 1850 next week.

The bull run ain’t dead until the party starts.  Daily barrages of “this time its new”–issued from clueless news propaganda officials who do not remember 1999 and 2007 –will signify its highest points. If, dear reader, you begin to hear or see such contrary indicators, please contact me. I’ll collect them and post them to this blog with gratitude.

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