if you go back through numerous days over the last 2 weeks several posters on this thread such as highlandlad,Kevi and myself have been talking about the markets being overbought and needing a retrace.
there will always's be trading opportunities in a declining market, it is important to be cautious and book profits when on offer and don't get greedy.
I certainly agree now is a time to be in a majority cash position, and not to force trades.
