Lemmings

S+P 500 has now thrust up to a "Triple Top Formation"
Technical Formation glaringly Unconfirmed by in this example, 30 Minute Relative Strength.
For more on that, see the excellent post Tradingview post today by Sir Daddy Sawbucks

News that former Fed Chairman Janet Yellen,
has been apparently been offered the Cabinet Post of Treasury Secretary,
in the incoming Biden Administration, caught bearish traders on the wrong side of the trade,
and helped push the Dow Industrials past the so called "sacred" 30,000 level.

My institutional investor friend in Connecticut,
continues to believe that a sharp stock market shake out is near,
while messaging me tonight that "fortunes are being made" in the stock market.
Now that caught my attention.

With bullish investors in control ,
the price to get into the stock marker is going up by the hour.
So I'll leave you with this thought to consider this evening.

Look up the word "lemmings" in the stock market dictionary.
Sooner or later, in a matter of fact way, the turkey's shall,
and always will come home to roost.
That you can count on.

Happy Thanksgiving

THE_UNWIND
11/24/20
Woods of Connecticut.