The New CS Board

[ahimsak]

We are once again very overbought, but all signals remain on buy!

Am shooting myself in the foot for not going more heavily long in mid november, and almost went long yesterday and on friday.

bottom line: Playing the long side is what makes sense for now, but the upside is limited, and when the selling starts, look out.
My gut says we go up into the resolution of the debt ceiling, most likely a non event as they dont do anything, and then the market tops just before or just after that.

I should be shorting, but am waiting, waiting.