>>MSFT is topped out. Market is going to correct.
Take off your longs, and put on your shorts.<<
Didn't they say to do that last week? Also, the week before and the week before that? How do you know MSFT is topped out? Hell, Greenspan is even forcing senior savers into the market. No other yield around. Sure, we will head south at some point but why not milk what we have here. Just keep those stops in and move fast if needed. I think most traders who consistently complain about the recent illogical move are doing so because they're not long. They also fear going long here so they stay heavy in cash and watch and bitch. As soon as they go long a few stocks they change their tune. This happens often so you could almost tell who is making money and who is out of the money. Sounds crazy? I don't think so. We already know that this market is a giant casino. If you walked into a casino in Vegas would you stand in the door way screaming..."Crooks, manipulators" Nope, you would play.
I'm not referring to you in particular so don't take any offense. I just think all this mental fortune telling stands in the way of finding goods trades and pulling the trigger. Hell, I even do it sometimes but try to catch myself quickly.
Play the game. Let MSFT tell you when its topped out. MSFT talks....listen. Good luck
Market Data 
Markets 
AI
