Replies to post #343027 on SPDR S&P 500 (SPY)

[Schneidku40]

Seems you're going through what most traders have. Trying to guess long term tops is fruitless. Especially when the Fed is still in support. WAIT for the catalyst and play the fairway on the way down. Not trying to nickel and dime at the upper extremes because it will bleed you dry.

There's a reason "The market can remain irrational longer than you can remain solvent" has stood the test of time.