Thanks west...I agree...you just cannot tell from the technicals what will happen...no way are they a crustal ball, and especially not right now...
I firmly believe it is still a trader's market, and occasionally a stock pickers market for a few days at a time, but it is not a buy and hold market...
I like this blog piece...
Two ways of looking at the same market...one is optimistic, one is gloomy...but the point is, on a day to day basis, it makes no difference...and that's how I trade...on a day to day basis....
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.