I Bailed

[Bad_Badness]

Nothing wrong with taking some profits from longs initiated 10 days ago at this juncture.

 

[themickey]

.....[I asked a friend of mine about her monthly cycle+ she got real cold like global cooling/LOL now , but nor funny then]

LOL

 

[themickey]

I'll sit and ponder a while on what to do, but I'm comfortable atm unloading, a couple of weeks ago I was in over 60 stock positions.
My stupid overweight gold positions are now saving me.

 

[themickey]

The smallcaps (black line) appearing to be leading the charge of late, here it is compared to SP500 and Nasdaq.

 

[murray t turtle]

View attachment 254753
The smallcaps (black line) appearing to be leading the charge of late, here it is compared to SP500 and Nasdaq.

%%
Common for them to beat SPY;
QQQ almost always does better.
Common for any IPO to beat them all/on the way up \and down LOL..............................................................................................

 

[themickey]

%%
Common for them to beat SPY;
QQQ almost always does better.
Common for any IPO to beat them all/on the way up \and down LOL..............................................................................................

Here's a different view for your consideration...

 

[themickey]

As an aside, Utilities of late showing lots of green.
Money going into defensives in anticipation???

 

[Overnight]

I'm betting money that it's only a 10% correction, QQQ will continue to rebound and hit new all time highs by end of April.

If you truly believe that, then ride the wave. I've been on the wave for a month, and it has been a bumpy wave.

 

[themickey]

Update: Am comfortable with my mkt assumption of top call and continuing to unload long positions.
My call may not be bang on in terms of level but should be close imo.

 

[themickey]

Whooooaaa, just spotted oil going down 8%. Why do I like that?