Market Sense and Sentiment

[RCKS]

Hi Bernard it looks like you are betting long medium term. Do you have targets price rise?
The key is, IMO, the pivot area of 8550-8600 right here on the DOW. If it can clear this area I think we could reach 9000 before we start a bigger summer correction.
I was looking at the $BPCOMPX, $NASI and $NYSI. These indicators are at levels where we get corrections. I am still betting down but I am not staying short to 9000.
I screwed up yesterday in that I had Calls off the lows but when it was slow mid-day to move up I sold them for small profits. Mistakenly I just haven't respected that the market could move up as much as it has without more of a correction.
Even today I was trying for Calls and I missed by a nickel but I was being cheap, again not enough respect for how much we could move up.
I need to listen to your medium term view more carefully.
If you have time I would love to hear your medium term targets if you have them.
TIA, Bernard
steve