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The top callers are out again. Not on this board, but others. Many day-traders just cannot accept this rally. Instead of playing the long side of an obvious bull move on steroids, they keep looking to short with the grandiose expectations of the mother of all declines.

Good luck with that. I seriously doubt it will be obvious when it happens. Assuming it happens.

So now OPEX is upon us (tomorrow) and there are expectations of selling on any level. Of course we're due, ...

I don't have time for charts tonight, but I did look at them. Amazing. All seven are in buy mode after today. It looks like a huge break-out in progress.

I'm a little concerned about that too. We'll get hit when we least expect it and this is OPEX week.
But enough of my hedging. Ride it while you can. The SS are on our side.

Winter just can't get here fast enough for the bears. They need to go into hibernation in a bad way.

It's really been something to watch. The worst month of the year and we're still rallying. Sell in May? Not this year. No way Jose. That strategy certainly wasn't in play in this year.

The I fund may be lagging right now, but if you're spread out into C and/or S you're probably still moving higher. And the I fund may play catch up all at once with a dip on the dollar. ...

We had a quick drop in the indexes this morning, but it wasn't deep and it didn't last long. I've been expecting some selling for days, but it's been quite fleeting when it finally occurs. And there doesn't seem to be any indication that we will get a meaningful correction any time soon either. Oh, the selling may come any day, but will it be enough to trigger a sell signal from the Seven Sentinels? And even if it did, would it be meaningful? The last two sell signals were pretty tame given the ...

The Seven Sentinels are still solidly in buy territory, but Friday's action took some momentum away. Some selling pressure is due after this last move higher and this week could provide that. But I don't expect it to reverse this up leg.

Here are the first four SS signals:


We can see some of the momentum has faded on each of these charts, but all are still on a solid buy.


Only one chart here ...