Looks like we stalling and playing games until earnings resume. Good time to buy pullbacks until the inevitable comes (new highs).
After that time to play defensive, we'll see what happens.
Waiting for 1316 1296 and 1275 to initiate longs.
Crazy A
Although I agree that food inflation is becoming rather apparent I'm currently reading the Walgreen's shopper and they are advertising the 2L coke bottle for 88 cents :D
Crazy A
I'm not saying it won't happen or that it will because obviously I don't know. However, one thing I do know is that in reference to your dollar comment, trends do change :)
Crazy A
The problem with this technique is that ironically you need to be fairly wrong for it to take off on good size, otherwise it's a minuscule gain.
Crazy A
No one can predict the market consistently in any given time frame especially one so distant.
These people show up on TV hoping that the clock that is right twice a day blesses them with a good call and when it happens they capitalize from their miraculous call as if they were the Messiah...
Trade price and forget about what you think or what the media says.
The market is composed of numerous entities that go beyond our understanding because we cannot possibly interview every party involved, and that' assuming their responses are honest.
Stick to price above all and eliminate...
Resist the urge to trade on impulse or the current drawdown could become much bigger.
We don't trade as well when emotions take control over our reason.
Good advice is to stop and readjust.
Crazy A