July 13th Bellwether Update: Swimming in Sand

by John Galt July 13, 2016 05:15 ET Wooo, it’s time to party again!!! Break out the Dow 10K hats, brush them off, put a piece of white tape over them and write Dow 20K on there because that’s where we are heading. Or not. Being the contrarian that I am, I look for patterns which remind me of historical events or eras where the markets and human behavior attempt to replicate past events so as to create something new, or larger. However, since this is the first time in world…

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