I fully expect a crash to happen in the future. It should be happening now, but the FEDs have been able to prop up the market by printing money and crashing the dollar. I could make a list of 10 industries that will be going into collapse. Eventually this is going to crash the market. I think commercial real estate could be the worse.
I am not worried because I have had a plan for a long time of how I will proceed with my large account. As the market starts to go down, I first move from 115% leverage to 80%. Next stage is about 40% and finally cash. I use weekly charts for the last 2 steps.
I was trading during 2000 and 2008 pull backs. I am much more ready this time.
Trade the Charts and not the Heart - Expect the trend to
continue until it doesn't - Realtime is the real deal