This time the market hit me right in the face—prices are pulling back, but futures positions are still being built up. The large-lot funds have gone completely red for three straight hours without ever breaking. I’ve got to hand it to the bulls—bullish positions are in the lead. The bears are still yelling about a top, but maybe they haven’t noticed that the big players’ positions are as steady as a rock. Let the retracement shake everyone out—down to the ankles. Don’t wait until the bus has left before asking whether you can get on.