C'mon, fund managers of the world, put your money to work and BUY, BUY, BUY!!! Equities are cheappppp!!
Unless he was being sarcastic, that's exactly how folks' mind turns eventually and they miss out on viable setups.
Not touching it, this has squeeze written all over it, wayyyyy too crowded for me. Might miss a good setup but i just dont want to be involved here.
Well if you look at the market on 5 day 5 min basically every time the market has tried to roll over its went sideways then back up so i dont disagree, bulls at the present time are definitely in control, plus all this is doing is creating a bunch of new support levels as it grinds higher, which is going to kill the momentum on any down move, doesnt mean i wont take another shot if we go parabolic, but im looking for atleast another 10-15 points up from here before id consider it, cause there just isnt enough of a reward if the first support at 2000 holds.