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Buying bottoms and selling tops always does stress the bank account. Ira.
Jimmy Snowden wrote:
> Pretty bullish sign for so many on the list to be worried. It is hard for
> me to believe but if we are 53% or so bullish at new highs we should go to
> 60% bullish in a big hurry with a big move in the stock market. So says a
> man that is flat and his last three trades were shorts and now clearly
> should have been longs. Correction I was testing my countertrend trading
> system to stress test my equity.
>
> Bottom line I'm bearish and that always means there is more upside to go.
>
> Merry Christmas,
>
> Jimmy
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