“I JUST WANT TO GO OUT BACK, HAVE A SMOKE AND EAT SOME HO-HOS BITCHES”

Jan 20, 2011 | Charts

If you listen to the market closely, as I tend to do, that is exactly what the market was screaming out during the selloff today.

It’s apparent that the bull market is tired of being steady eddie, and wants to rebel for a bit.

The more the bulls attempt to force it into a disciplinary way of life, the greater the rebellion will become.

So let him have his cigarette and some ho-hos…it’ll be good for the bull over the long-run.

Some charts to illustrate the point (click to enlarge):

S&P 500 - SPY

Nasdaq 100 - QQQQ

CRB - Commodities

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