Quote from Runningbear:
Well Thursday was an exciting ride. My models for the DAX and ESTX50 are still showing a lot of strength after close, so expect the momentum to be up for a few more trading days at least.
Having said that, you want to be buying the pullbacks. Buying new highs will hurt you in this market because of the excessive volatility. Thursday was a classic example.
If a get a good opportunity to re-enter long, I'll post it here.
Runningbear