Still on sidelines... just keep waiting for "big C" to work its way through this down -- been since July now... feels like a long time. Wish I had some time to trade shorter-term, but I just do not these days. I am looking for multi-week trade or, the end of "big C" and the multi-year trade to follow.
Now, like everyone, I am sure, I see this many weeks of overlapping crap, slight downward looking, being built by indices. A big move is pending... dunno which way... could make a case for either. One thing sure, u can buy/sell the break when it comes. This sounds like I am equivocating about the very s-t, but I am not. Not all breaks an be bought/sold. It is incredibly valuable to know when a setup should yield a valid, tradable move.
Only position, as posted here, is the 50% long in miners from last week. Willing to take two cracks at the entry there. Stop is the Oct low. |
