just a word of caution, lots of optimism going around tonight, and i am bullish, and think we will get another good day tomorrow on back of slowing retail sales, but this market turns on a dime, remember one "truism"
buy on fear, sell on greed
if true, we should be thinking of selling pretty soon, vix is saying we are close to top, option expiration in july usually changes the world, so i would rather be selling early than late, this may not be a popular message tonight, but everytime i start counting my gains, i usually loose them
its a jungle out there
be safe rather than sorry
profit often
im "trying" to sell into strength, and will be the first to admit it aint easy (especially when you own lpth--may just have to bury that one out back) |
