FUNNY coincidence -- look back at 1984, I think it was that year, the DOW JONES in early Jan hits 1900 and tops at 1919, then Dropped 45 pts on Jan8th, THE LARGEST ONE DAY DECLINE IN HISTORY--
Wouldnt it be another coincidence if the SPX tops 1600 and attempts 1609, then falls out of bed as the DOW did in the example above. EVEN IF IT Fails to make it, we can expect this run to be an ending, these NEW HIGHS ARE NOT a new beginning.
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THE POWER DATA sent out Sunday at 7pm and UPDATED during the week, SHOWED the EXACT DIRECTION of the market this week.
later
Jay
PS:- AS GOLD GOES,- OIL & SPX WILL be sure to FOLLOW
just like Mary who had a little lamb -[gg]
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