Although it would be nice for everyone to act in harmonious concert with one another, this market has a strange way of meandering around the consensus. Surely during the throws of a bull, the crowd is the tao, just as the river runs deepest through the center. The character of this market is decisively downstream and in the flat mucky swamplands of the delta. Liquidity seeps around the buttressed trunks of the collective and runs quietly into the ocean. Lost for now, but someday recycled back into the system.
Perhaps this is just another example of the unified field theory poking it's head up where you least suspect it. The cosmos are in everything, even the stock market...
In any case, the eurodollar index broke out today. I have a feeling that Europe is the time bomb waiting to blow next.
Coming to theaters near you.
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