claydoctor

IWM, the big picture, what it says about us.

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AMEX:IWM   iShares Russell 2000 ETF
2
What does it say when over the past ten years, in terms of stock prices, the IWM has spent less time IN the mean, than out of it. And... The MACD and the RSI top ranges average at their tops, and their bottom values have dramatically increased over that same time span. It says we are all greedy, until we become fearful, right? It says, we stoke the fires of greed with every stick we can find in the yard to do it with, and then we go looking in someone else's yard for more sticks. Wall street loves livin on the edge so much, when it runs out of ledges to fall from, it creates more ledges just to have another one to walk maybe a bit too close to, and live on to tell about it. What goes before a fall? ... pride. All I know is this is one big friggin triangle in red here. When this last run of M&A is over, and there's no more people to lay off, and no more services that can be cut, including customer service, and there is no more technology that can be introduced to cut something or someone out of a job or a task, then we fall, because they will have eliminated the customers to sell to. A bad mood is brewing folks. The Karma is dark. When volume picks up here in the next few weeks, hold onto your hat, VIX spikes in historic fashion. It's time to get your faces out of the charts, and look up, and see what is happening here. But what do I know.
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