Subject: Re: My new Program
Do you use any smoothing? It looks to have been pretty strongly positive for all but one of the last 11-or-so days, depending on your data source of course, and yesterday wasn't strongly negative. I can't imagine what smoothing would have that negative now?

My reading of current market conditions is "Sane people should be scared witless about tail risks and valuations, but it still seems to be an ongoing bull, so it's likely we'll see the always-buy-on-dips crowd active for some time yet"

Jim