Trader,
Nothing wrong with socking away a bargain for the long haul.
Very complex market here, but none should be fooled for the intermediate term. Securities have topped a while ago. One may find great bargains there, but my chart says they have topped and will not exceed that top for some time. Commodities will awaken soon and there will be lots of chop. Transition time. Watch Asia awake and then watch the consumption. This is inevitable. Not only asia, but much more than that.
This process may take some time, however, so be aware.
For the S&P 500, I see a decline to near (December contract), not cash, I see a decline to near 1335- 40 and then an attempt to breach 1400, which I say will hold.
There are those who say this and that, and I listen to this and that, and then I make my own decisions.
All should be that way, Make your own decisions, and then take full responsibility for those.
Be you right, or be you wrong, you know who made the decision, and who to blame!
For me, It is me, and always will be.
Well, sometimes, I blame Pogo!
Regards to you and all,
Jack!! |
