Friday, June 4, 2010

No Time to Sell

Weak markets don't give you much time to sell after rallies. Strong markets will give you all the time in the world to sell but very little time to buy. The more I see this market trade, the more I see this as a market that gives you plenty of opportunities to buy low but very few opportunities to sell high. The likelihood that we close near the lows is high. It looks like a trend day from my viewpoint.

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