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Hi Guys,
We are at an interesting point on the daily charts. I's mot sure which
direction we're going to take but I have a feeling we will see bigger
bars and good opportunities over the next few days.
A bearish tought: I have some buy and hold type acquaintances that
think the market is now ready for them to enter again. These guys
generally buy into short term tops and have drawdawn. On the other
hand, several have done much better overall than I did this year because
although they pick poor entry points their sticking it out on the long
side strategy has paid off for them.
What knid of action do you expect this week?
Best wishes,
James
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