patience is a virtue

The stock market is up again today. I am waiting patiently for the powerful third wave to begin and send the market down strongly. Most of the pundits I heard today say that we are in a bull market. And that it is being fueled by good earnings reports. Certainly, Alcoa and Intel came in with great reports. The trade deficit was terrible but was unnoticed. I continue to be short and await the next big move.