Melt Up
- Thread starter Joab
- Start date
Quote from makloda:
How soon though? Are we close to topping out yet?
If you look at "topping" as being a process then, yes, we are there. In fact we were there last week. I really thought that there would be a catalyst that would prompt the slide (mid east violenece, china hikes etc) but that didn't happen.
We'll see though....Powerfull declines have often come out of a clear blue sky and absent a catalyst, I guess that's how it'll be.
Keep your stops tight if you are still long.
gl/gt
