What do deflationists see in their nightmares?

I don't know since I am not a deflationist, but I can't imagine that Huey in blue sky and various components of the global growth trade (3 of my holdings shown in the lower panels) doing these technical things is very pleasing to them.

I just renewed my subscription to Sentimentrader.com this week and I look forward to getting on over there later in the week to check in on the dumb money and its associated sentiment structure.  Can you imagine how interesting markets are going to be as dumb money red lines bullish and the SPX approaches the recovery highs?