Well, we have entered it…..the level of (dramatic pause) peril.
For two months now, every time we enter the low 900s on the S&P, the bulls choke and give it up.
I'm relatively bullishly-positioned right now (long DIG, long ES), even though the quantity of shorts dwarfs the longs. I, for one, would like to see us bust above 920. C'mon, bulls. Can you hack it this time?
