Lots of the bulls on this and other forums are starting to sound like Chicken Little, who ran around like a mad chook shouting "The sky is falling, the sky is falling!"
The XJO, DJIA and SP500 are all poised to break the trendlines for their 5 year bull run.
People are spooked.
Time to look for longs just in case they're wrong. A rally (albeit short) may be days away. The bull is not dead just yet. I've still got a short position on the SPI200 and will short the DJIA rallies but I'm getting ready to go long some of the better Aussie blueys (trick is to pick the right ones.)
Tell me if I'm crazy please?
-HBG
Trade the market you see - not the market you hope for!
Lots of the bulls on this and other forums are starting to sound...
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