I am however going to focus on the S&P 500. Specifically, the market looks to me overstretched on the up side, and pending for a pullback. Fat chance I get short anything, since shorting in this game is a fools hobby. Instead I am waiting for a pullback that is far enough to re-load on natural resources.
NOTE, I have been quite verbose of recent, consider reviewing some of my recent posts, if you haven't already. Posts FRB circumvents constitution, Demographics driver economic growth , Food costs rising, and Comex raises reserve requirements.
To the Chart!