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Strategies & Market Trends : Humble1 and Swing Trading Friends -- Ignore unavailable to you. Want to Upgrade?


To: humble1 who wrote (39902)3/26/2024 7:57:08 AM
From: Rarebird2 Recommendations

Recommended By
humble1
rdkflorida2

  Respond to of 41088
 
Sometimes the best (and hardest) thing to do in the financial markets is to do nothing, just stay the course. I see no euphoria in these markets yet. There is a lot of cash on the sidelines and they are buying the laggards, energy, gold, copper, small caps. I would not be shorting into this. Let this sideline money do its thing. Eventually they are going to get crushed.

I'm still looking for the blow off to around SPX 6000 as the golden opportunity to take profits and wait for the opportunity to sell short.

Timing is very important, but price must be an essential ingredient in the timing mechanism.