Both Dow & Aussie Markets have rallied about 20% off their low points of early March. Sometimes greed drives traders when a little caution would have been better.
Spare cash on the sidelines will be very useful when this current rally finally has its pull back.
Last year the market also ran from early March to about Mid May before topping out.
Whilst I have enjoyed this current rally, I am also preparing for the drop that will eventually occur.
Regards
Buffett
daytrade diaries... friday, page-282
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