Quote from hajimow:
Exactly. Pat yourself in the back to see what 99% people investors cannot see.
Quote from Trader.Fighter:
There will be time to short, when the market begins to go down, shorting uptrends for the sake of shorting high is idiotic.
Be patient and you will be rewarded promptly, rush into shorting and not only will you suffer heat but probably lose, unless you underleverage of course, which is yet again, another problematic.
Quote from bpatson:
Waiting for confirmation has also proven to be idiotic. Every single time the market has "confirmed" to the downside over the past year, it has marked the end of the pullback.
Quote from niting:
Remember summer of 2011, small cap tanked 30% in couple of months.
Quote from tradingjournals:
That was the bottom of the bear market.