Rally Time Items to Watch

A few things to note about this rally:

• The volume is absurdly light– even for August;

•Today is an expiration day, with the bias to the upside;

• Professionals are fully invested; Individuals are mostly under-invested;

• Markets are now 53% up from the March lows;

Yesterday, I did an interview with Yahoo Tech Ticker going over why I thought this is now a dangerous rally — but one that can continue for some time. (Video Here)

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