If by warning, Joab, you mean picking tops and losing money you have not been successful. "It will correct lower at some point" is not a warning. Its not a call. In fact, its easy to find multiple losing trades in here from you over the past couple of months. Its all in the timing. Picking tops all the way up doesn't give you "told you so" so rights when the mkt does correct.
Pompous ass. "Myself and a few other veteran traders" What makes them veteran traders, they post a lot on ET?
I'm warning you guys one of these days someday soon in the next century I will get married.. You have to love guys like this.. See the following website: (I guess t2w IS good for something after all. Just try not to pay attention to 95% of the posts over there. If you think guys are full of $hit here, hahaha) http://www.trade2win.com/traderpedia/Money_Management I'm going to warn all you bears.. YOu heard it here first.. The market will go up.. Yep, sure will.. Probably even today.. Last week was a hiccup.. This is THE GREATEST BULL RUN EVERRRRRRRRRR.. If it ain't broke don't fix it!!!
i don't know if i like upward moving markets more because of my portfolio or because all these bearish "veteranish" smarties shut up. The only problem is that it is becoming a bit repetitive in the past few years. Let's wait for another minor selloff to have this thread all over again....