>> I am loaded because I still think we are going to make new highs before the end of June.... <<
Big GDP report on Thursday and I have to keep reminding myself as I would not want to be short when it's announced (although if they can't rally on it, I'll probably fade it)...
Billions in cash keep coming into this market and it can't get out of it's own way...
Zeev, you say you're loaded because you feel we will make new highs by the end of June. I find it hard to believe that you will stay fully loaded for the next two months waiting for new highs. Seems like a very risky plan to me. It also kind of puts you into the investor class which seems odd since you're a day trader. As you saying that you see no risk in this market between now and the end of June? Why in the world would you risk all your cash staying loaded for two months? What would change your mind? Also, please explain exactly why you feel we will hit new highs. What indicators are you using to make this very risky move?
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