This is just a quick note, as blogging will be light until the New Year:
The latest reading from AAII shows the bull-bear ratio at a bullish extreme, which is contrarian bearish for the market.
Add to that came the news that Rydex timers really bullish. These readings serve as a warning for equity bulls that the upside for the market may be limited.
Iron ore put through the mill – FT
14 minutes ago