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12.8.2016 Bookmark

12.8.2016

Well that was certainly quite a show yesterday!  Silly me thought that the 2213 high set on Nov. 25th might hold as resistance for a day or two. Ha, it held for about an hour and then all hell broke loose. 300 DOW points and 29 S&P's is not insignificant. It's huge. 

That move had many asking if it was a "blow off top?" and I can certainly understand that thinking. Breaking to all time highs on a 300 point day does have the look of desperation. But you have to understand something here... we are in a time NEVER seen before. 

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