| | | Patience is required before we see the next true cascade down. It's simply a matter of when, not if.
Like drops into the abyss, which seem like they'll never stop, aka 2008-09, mo-mo runs up like this will eventually falter.
Nearly everyone will say, in hindsight, that they were cautious and saw it coming. You know, and I know, that will not be the truth!
Sideways action like we saw in June takes a lot of the overbought nature out of the market for the short to intermediate term, IMO.
Trade what you see, not what you want to see!! For those who are not aware that a "fall in the fall" or whatever may be coming.....well....enough said! |
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