Very strange readings: GMI=4 but GMI2=1, see Table! Stocks not in QQQ are doing well but tech growth stocks are weaker. $QQQ had a Blue Dot of Happiness oversold bounce on Friday. Such divergence before. Time will tell how this will be resolved.

GMI2/6
GMI-21/9
T210860%

It is possible that the prior winners have gone to extremes and that other stocks are having their day before the entire market drops?  Best for me to own little, have close stops and wait for Mr. Market to reveal his intentions. The gold and silver and mineral stocks are bouncing from oversold. Will they retake their ATHs? Note the Blue Dot of Happiness, oversold bounce, on Friday on QQQ. Resistance is at the 2.15 upper Bollinger Band.

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Jon Stewart takes on the pundits at CNBC… Finally!

Mike Wish here.

I try not to watch too much of the liberal media but this is hilarious.   This is what dad complains about at the dinner table shortly after watching Jim Cramer fire off a storm of cheap, canned audio from his soundboard.   These are the pundits that keep Dr. Wish up at night, tossing and turning.   The infamous pundits responsible for everything that’s wrong with financial analysis and prediction media. (not that I have any opinion on the issue…)

I showed this video to him and he laughed and laughed.   I thought I’d be the one to share it with all of you because he doesn’t yet understand how to embed YouTube videos into his posts.   We’re still working with twitter, we’ll get there soon enough though!

See the video on the next page:

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