WHO'S THE PATSY?

At the table? Trying to compete with AI microsecond trading by computers, Institutions with huge databases at their disposal, hedge funds, et.al. - it looks like the small investor is! The best we can do is try to follow the Trend.
Although that trend looks appealing right now, many sage investors- Gundlach, Icahn, Soros, Druckenmiller, and now even Goldman Sachs- are calling for at least a correction @ 10%.
Last week's post-holiday rally pushed my cumulative Advance/Decline number to a record high (although the McClellan Summation is not there); the NYSE new highs to lows were @10:1;
mutual fund cash pulled a large reversal to the outflow side.
Gold and Silver have rallied a lot this year, and could benefit more from NIRP (negative interest rates) after a possible correction.

Here are the numbers:

Date>		7/8/2016	7/1/2016
Indices:	DJIA	18146	17949
	NAZ	4956	4862
	SPX	2129	2102
WklyVolume (Bshs).	naz/ny….	7.1/3.8 *	10.6/5.7
Specul.Ratio hi=bullish		1.87	1.86
Sentiment:	put/call-CBOE	64	64
VIX>50-alltmlow=8.8		13.2	14.8
DeltaMSI-50%	MAC crossover	55%	52%
Advance/Dec-NYSE..		2073/1067	2504/653
Weekly Net:		1006	1851
Cumulative:		169671nh	168665
Weekly	NYSE hi/low…	564/62	587/159
New Hi's/Low's	Nasdaq h/l	242/116	205/277
McClellan	Oscillator	49	46
McClellanSum	.+750/-1000	914	815
Newsletter	Inv.Intel -Bull	47.1	41.6
Surveys-Tues	Bear:-5yrs	24.5	23.8
Wed.	AAII  -Bull	31.1	28.9
	Bear	26.7	33.4
US$-WSJ		96.3	95.6
3-box rev	Bullish%-	59	52
US equity -ICI	Fund Flows	WeekLate	(7.0B)
MMF flows	Change in $B	(17.4B)	14.9B
MargDebt- top (300M)	monthly		451B
10-yr Tsy yield	hi= stock buying	1.36%	1.44%
2-yr Tsy Yield: Inflation		0.60%	0.60%
TIP (ETF)	Inflation	117.5	116.8

With record numbers of dollars coming out of Money Market Funds, mostly into the crowded trade of short term bonds, anyone who has a minimal knowledge of covered call options and/or an interest in hedging stock market exposure might want to check out: brentleonard.com for an alternative strategy that is low-risk as well as highly rewarding. For those of you wanting more details and actual trading results, a new book is available for $14.95 at Amazon.com: Zero (IN)Tolerance

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WHO'S THE PATSY?