Replies to post #108858 on Savvy Trades and Investments

[SSKILLZ1]

ASO

I agree with the thesis, Just am too negative on the market right now to buy anything. Rarely do you see and index like the 500 Have so may gaps unfilled on the chart in a recent up move. My point is at least the 1rst one, and probably the 2nd one will fill, and the 3rd one has a decent chance of filling. Hence think it is perhaps one of the worst short-term times to have money long right now, because I feel the market in the coming weeks would be shocked if It doesn't decline 3% at some point, and has a decent shot to go down as much as 7%, hence I'm only interested in selling, and not buying right now. All is just my opinion, and I could always be wrong though.