First up, let me say there won't be fifteen posts today. In fact, after today, get used to maybe ONE post a day (sorry!) because I'm really, really busy with work. Speaking of fifteen posts, that was a large factor in the explosive, unprecedented traffic to this blog yesterday; some surely would say this is a $SLIX reversal indicator flashing a warning!
This is what my morning office looked like at 4:30 as I drifted into it. You can't see all the charts awaiting me.
There is more than a little risk today. All the past data indicates today would be a big up day, in spite of current pre-market indications (as of now, although CPI is reported in a few minutes, and there's still an hour left for the government to do God-knows-what).
