I think the market has decided to simply drive everyone, bulls and bears alike, completely out of their minds.

This chart of the /ES, not even the length of a day, captures it nicely. The bulls have a nice run-up, break out of the yellow consolidation pattern, and look ready to kick butt. The bears (including me) freak out and figure it's time to start getting on board. Then everything falls to pieces.

Added to which, the bears might say, "Phew! This countertrend rally is over! Time to rock 'n' roll!" But this is, by my measure, the three thousand five hundred and sixty-first time this "turnaround" could be declared in the past eleven weeks.

The bottom line is that it's getting very difficult to commit to either direction since both sides are getting faked out on virtually a daily basis.

Watch the whole thing. Honest. Please.

Having bought a goodly amount of USO early on Wednesday, this glance at the updated crude oil chart makes me a skosh nervous. USO looks great, but the run-up to that Fibonacci gives me the heeby-jeebies, technically speaking.

My portfolio across four accounts has, overall, been "running in place" for more weeks than I care to count. It's really boring, and really monotonous. Plus it's a lot of work just to hold my ground! That's why I've been moaning for a sustained trend. I'm glad to have prevented overall losses through all this insanity, but I want growth across all my portfolios. Grrr!

One interesting thing going on now – – and today is a fine example – – is how the /ES, in spite of punching into unsettling new highs, has seem to have lost its way. It's not really moving higher anymore in any sustained fashion.

I am hearing from many people whom I respect deeply – – some of them well-know bloggers – – that this market is driving them nuts and they are tempted to just walk away for the summer. I can understand the sentiment.

If you're frustrated…………if you're being driven crazy by this market…………at least rest assured you are not alone.

My penile augmentation surgery was a tremendous success. You can now call me: Mr. Tripod

The adjunct, less important, toe procedure also went very smoothly. I am at this moment typing from my bed. Thanks, Piker, for being Mr. New Post guy. I truly appreciate it. I'm bemused by the fact I was able to post three times while under sedation. Where's my Blogger's Medal of Honor?

My portfolio was up a small five figures when I got out of surgery, so I was pleased to hear that. Less pleased was I that they had to insert a metal pin through my toe, which is going to be there for three weeks to keep everything in place.

Needless to say I have a lot of catching up to do. Thanks, Slopers, for putting up with this most peculiar day on the blog.