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I'm out of long positions as of today -- some things don't look right to me in the short-term.

I'm back out of long positions as of today -- some things don't look right to me so I'm stepping aside.

That is the way I played it too. I closed my short out on Wed if I recall -- a little too early in the day, though -- probably should have just gone long at close Wed but pre-market on Friday wasn't too bad of an entry provided we continue back up next week. I'm not one of those crazy...

Hey -- I know you're a good trader so I'm willing to accept your different viewpoint on this one. :thumbsup:

Just expecting more from time/price perspective given the pattern:

To me, it looks like the lows of the prior week in miners was a corrective wave leading into a more impulsive wave that we have just been in. May be getting into some ST resistance here but big picture momentum looks strong to me so still think there may be more to this move. Would not be...

So I have a bunch of these small "VukGrips" stickers that baseball players put on their bats (or can be used on hockey / lacrosse sticks, etc.). On the corners of my 2 monitors I have Faith, Trust, Believe, Focus, Breathe and Adjust.

I got back in S&P positions pre-market today. Positive seasonality with a potential wave 5 rally. I still can't find a structural issue causing me to get bearish yet. Assuming we don't take out the lows of a couple days ago, I will try to ride this again.

I don't know -- I just buy when the pattern looks good -- like it did early last week.

Good post by Leob. I have mentioned this before elsewhere but so many times people label their issues as psychological or being an issue with discipline, but the real issue is that their method just sucks and/or they have flawed assumptions about how the markets really work. This took me...

Once I stopped looking for catalysts, other than extreme sentiment / people being positioned the wrong way in the market at the wrong time, and just looked at my charts / indicators, my ability to see these turns became much better.

I started adding to Gold Miners (via NUGT) Monday and Tuesday. I'm still long and think there is much more upside. We'll see what happens.

I'm just looking for a ST top for now. I'm actually looking to buy weakness too as I don't think we're done going up yet in the bigger picture.

Really? Quote from the article:

Just having some fun with you, Overnight. At least to me, the melt-up already happened.

Didn't you mean to post this 4 weeks ago, LOL?

We will likely close lower next week. After that, who knows.

Good post by fan27. I have read all the books. The reality is that what I thought was psychological was an incomplete approach / process. I have had paid sessions with Andrea Wylan, Mandi Pour Rafsendjani, and Dr. Kenneth Reid. All of them were worth it as I picked up something from all...

THEN AND NOW Then (when you should have bought): Now:

What does that mean?