Tactical Orders...

By sunset,  only ammunition the Bears may have is the Bulls having some trouble penetrating last line of defense "956".   In our view that’s a like a military defense in depth strategy gone wrong as it’s delaying rather preventing the advance of the Bulls.   Basically, the Bear Front line fell back at our tactical call at 884 SPX futs  as buy stops kicked in for longs and shorts covering.  Since, the breakout,  the Bulls just penetrate deeper and deeper taking no prisoners and just causing more Bear casualties while reinforcing their own forces as seen by the A/D line all the way up.   The only thing this recent slow grind in 940’s -950’s is doing, is grinding away at the Bears morale with each passing earnings day.   There is no counter attack plan yet for the Bears and the Bull army just needs a signal (one new catalyst) to advance.  Only thing that could go wrong is if the Bears can build fortifications here because they are given enough time by some of our seemingly lazy sunworshipping Bulls thinking the job is done this summer!.  A slight problem we see here is the Bulls thinking there is some magical “884” repeat before buying in or they are waiting to pullback and reinforce.   Put on your helmets now, dammit!.   We don’t believe the same buy stops are here at these levels.  There's only Bear carcass left rotting up to 956.   The "884" was the beginning of the end.   That was the ‘Blitz’ this summer  and to be honest,  we have no plan to ‘occupy’ over SPX1000-1100 for too long during the hot summer month ahead.   Why?   Simply, we don’t want to create a  'bubble' market feel all over again and/ or bomb to destroy and rebuild the Streets we’ll call home one day over SPX1000++ all over again in the future.   We want a clean surrender in the latter half of the year.  We don't want to torture our Bear prisoners, we want what they have left in cash on our side by than!.   We rather tease and give them a Q or so to build up some tanks, planes, trains and automobiles, but they’ll only be shooting themselves in the foot as they’ll be helping our planned worldwide IP (production) pick up.   This way we’ll have whole new battalions of commodities links to help our technology foot soldiers that are making mince meat out of them now with our Chinese allies!.  By than our woman and children will be shopping again with the money we send home!.

In the short term,  if the Bears want to attack in the way of a corrective dip strategy, well, we’ll have a counter attack waiting for them in the way of our sidelined cash reserves’ ready to build an underlying bid for us at 927-934 support.   Some eager Bulls may want to get on some Bear blood even higher at 941.  We'll call it our " 7pt dip " ladder step plan to buy, if a PB occurs.

Okay, gonna put away the toy soldiers now…see ya’ on the battlefield, you know the DJIM plan…attack the strongest and fittest outfits…just throw money at them and they’ll be yours!