20 JAN 2011, Thursday (AM)

• What???  There was actually a down day?  I didn't think that was even possible any longer.
• All kidding aside.  It did feel strange though.
• Overall, market still trending up despite many different indicators displaying weakness.  Haven't even broken any pivots...daily or even hourly (for example).
• Entering a topping phase like April's?  Corrective trip to SP500 1230's or 1180's?  I'm leaning more to the 1180's...of course, it will not be a straight line.
• We'll see....
• You can check charts in the sidebar.  Good luck.