Profile,
You might be the guy who can call the top, who can outsmart the market, but that is not, in my experience, nor in the experience of most of those here, the smart way to trade. If anyone else wants to chime in and tell me (and you) what a great idea it is to short/buy puts on stocks powering up, or to buy big positions in stocks powering down (Big Dog, shall we talk about PGO?), then fine. Open mike.
The market is never wrong. The market is, to the best we can determine, exactly what is in the chart. Nothing more, nothing less, not news stories, "analysis", opinion, astrology.
I believe DB's intent with this thread is to determine the smart, repeatable methodology to trade:
Subject 55245
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