Hmm the US market certainly shows no sign of wanting to roll over and at the moment there's no indication here or there of what would cause this to happen. Never argue with the street, sometimes sentiment is a better guide than technical readings, though they are supposed to be one and the same thing.
Ive found on this market that even a late entry can net good returns. The super fund is up 30% since Nov, mostly on 2-7 day trades on majors and iron stocks, and the market is up about the same. So no special prizes, but I think my strategy is a lot less risky than buy-and-hold, even if it takes a lot more work.
While I remain very uneasy, there may still be room to squeeze money out of this rally. Anyway, the market will soon tell us.
