Similar pattern is emerging in lots of markets.
A run u into November, then some kind of crash (take your pick, FOMC, midterms, Ukraine), but if we keep the uptrend then we are looking at bullish case for USA when EU goes to hell next year.
A run u into November, then some kind of crash (take your pick, FOMC, midterms, Ukraine), but if we keep the uptrend then we are looking at bullish case for USA when EU goes to hell next year.
If you are one step ahead of the crowd you are a "genius" and you make money off the crowd, if you are two steps ahead you are a lunatic and you lose money not being able to sync with the crowd, if you are three steps ahead - better find a new planet :)
