We are overbought and entering the earning season, which translate to a much needed, possible rest. I am not calling a top, just a cautious call to avoid heavy long positions right now. I remember vividly during the 2000-2002 bear market, right before the earning times the market were under the resistance and looked rosy, I jumped in and got killed. So do not repeat my mistakes.
Marketers do always feel that way as well as we common people. We tend to avoid our mistakes from taking place over and over again. - tnomeralc design -
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