JimmyJoe
Analyst
- Reaction score
- 8
It's easy to get some eggs while those guarding the hen house are looking in other directions.True but if you can take advantage of nonsense and lack of leadership, why not?
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It's easy to get some eggs while those guarding the hen house are looking in other directions.True but if you can take advantage of nonsense and lack of leadership, why not?
It's easy to get some eggs while those guarding the hen house are looking in other directions.
"Bull markets never make it easy. Very few traders have the determination, stamina, foresight, and focus to make it all the way through one. But the rewards for the very few that can weather every punch the bull dishes out...are huge."
The Rest of the Story | Toby Connor | Safehaven.com
It was nickels and dimes all day - that ain't no way to run a bull market. The setup is for an explosive move to 1550 on the SPX as the recent rally has apparently been met with skepticism and continued attempts to lay on short positions. I suspect there may be a recognition point sometime this week as bears realize they are on the wrong side of the tracks and platform bulls jump on board fearing to miss out on a new bull market leg. Friends, this rally has the potential to last for months without any serious pullback - only because everyone waits for Godot. People think that the price is what sells - but reducing the price won't help very much. Terms are what sells and right now terms are delicious. The beauty of the A/D line is that it gives you plenty of warning of any impending change in the larger trend. Saxena: "We are in the very early stages of a new multi-year bull market."