Rande: How are you? I was lurking around and re-found your thread. I agree with your Feb post that Nasdaq is in trouble, as the next rally for it could be the last. Too many bearish divergences showing up, and while the blue chips will probably have a few more rallies (maybe a temporary top in late March/early April, then a correction into Summer and then Summer rally that fails), the speculative stocks are not going to be so lucky, imho.
Good timing on your part, in cashing out, congrats!
I have been mostly out of tech/growth stocks for about a month, at higher prices, and have paper profits in my silver/gold stocks, of which i am heavily invested. Have a little bit of energy stocks, took some profits there 1-2 wks ago.
Miss you at my thread...
Good trading,
Dr.Bob |
