If you were moving big money and wanted to lock in some profits during this bubble you may orchestrate an early options related move on Monday to hook in more buyers before the real profit taking starts.
My opinion.....take profits into todays rally on position trades. Stick to very short term day trades from here.
I think you may be right. After the earlier surge, indexes have been correcting sideway while other indicators are relieving some of the overbought sentiments (15 mins chart). Perhaps another surge from the infamous 2:22pm is in the card.
Regards,
Lepto disclosure: holding long AMAT from this morning. Should have held on to the NVDA I picked up this morning too. Dumped it earlier for a buck profit; would have been more <GG>
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