Dennis,
I agree with Cramer and, thanks for the post.
Sentiment, Cash on the sidelines (AMGdata), seasonality, and basic TA give the best clues as to what to expect.
When the unexpected happens -the sell-off yesterday- that, is meaningful to me.
I have no idea what's going to happen.
As a matter of fact, I'm disappointed that I personally don't have a clear-cut, well-defined, set of rules to follow, kind of like a checklist. But, as one of my friends says, "the market is a living, breathing mechanism" so how can it be limited by a set of rules?!
I don't know, and I don't think Cramer, Favors or anyone else knows, what's going to happen. I just know that I perceive a lot of risk now, and for the next two weeks. We'll see what happens....
Thanks again for that Cramer opinion....
Skipperr |
