The trend will end when it ends, and there’s no sense guessing when that will be.

February 28th, 2012
in Gary's blogging

@leavitt: "The trend will end when it ends, and there’s no sense guessing when that will be. Traditional technical indicators which help us identify overbought and oversold levels have broken down – they flat out don’t work.

It’s not a bad thing. It happens when the market has a 1-track mind. It’s as if the market has blinders on and can’t help itself but to move forward.

This also makes my job as a commentator more difficult because there isn’t much to talk about." (My feelings exactly.)

The DOW is at 13014 and the 500 is at 1372.

Written by Gary

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