Kevin, I agree with your analysis, as I did before. The rub is the FED. I have given up trying to fight them, and am mainly trend trading, be it individual stocks and/or index futures. (my trading activity is down 90%, so I am not doing much) ((it has been a real, real good year, so I ain't gonna push it))
So, the trend is still up, we know it is overvalued and on on borrowed time, so the question is what to do?
1-nothing 2-trade the trend 3-short the trend
And as always, our "junk" stocks, any of them, still have the potential for a big gain at any time. They are the wild card. |