Dip-Buyers need more Momentum

Feb 26, 2021

It just seems that there needs to be more MOMENTUM if the dip buyers are going to prevail. I personally think we are going down a little more before we resume the uptrend. (Maybe a week or two)

Mar 14, 2021

Note

New highs and still no momentum. This weekend (3/14/2021) is crazy stimulating spending from the US government, but we shall really see how injured this economy is. At this point I am still short the SPY and RUT. The pent-up demand in the US economy is on par with the Joe Biden's pent-up energy level and charisma ! ( There is NO pent-up demand! )