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Trust your instincts and don't torment yourself over what the 'talking
heads' are saying.
And do not fret over whether you have timed the mkt EXACTLY... none of
us can do that. There is NO magic indicator... only your own instincts.
If you are up 165% YTD you can afford to take a break to see what
shakes. Then when you think it is time to test the waters again, do it
slowly and methodically, building your positions into profits.
Hope you are paying LOTS of taxes this year!
Phsst
--- In amibroker@xxxxxxxxxxxxxxx, "jnk1997" <jnk1997@xxxx> wrote:
> Hello all,
>
> I know this is not AFL formula related but bear with me and please
> share your thoughts.
>
> I went "all cash" in my trading account during Thusdays rally in
> order to protect substantial profits.
>
> Most of my Amibroker indicators (and a few "custom" indicators) are
> telling me the Markets headed flat to down.
>
> All the TV Stock show "Talking Heads" this (saturday) morning have
> their "rally hats" on, including a noted chartist (Gary Smith - has
> been wrong before, as we all have).
>
> Am I "out to lunch" here or are many of you seeing what I am seeing
> in the charts (Dow, S & P and Nasdaq)?
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