Hi everyone,
I thought a decline would happen in the first week of June, a sort of shake out the bulls decline. Unfortunately, I started going to Twitter a lot and became very influenced by the premature bearish sentiment - and I knew it was premature too - and went long a boatload of puts and well, you know the rest.
I really have to work on that, and create some rules. I'm shorting again and still believe we will have a short decline that ends about the 6 to the 9th of June.
There is a lot of strength mid term in the market, new highs in $NYAD, etc., so as I said above I believe it will be a short shake out to scare the bulls.
An Ewaver I highly respect says Wave 5 of 3 will take place any day now. He is very good, so I am doubting my belief that this next wave up will be Wave 5 of 5.
Going to check some recent posts now.
Hi Glen, glad you're still here!
~d