I'm tellin ya.... there's too much complacency. I have no idea when the gallows' trap-door will open.... but it's gonna be brutal. I'm not trying to sound like @s2007, but for real..... its better to be in cash with a shopping list than to be a friggin bagholder. I don't mind being long atm, but a little insurance on the 'just in case' side never hurt anyone. Go far enough out and even the most stupid of up-moves doesn't sting too bad. We'll see. I still say we close red this week.
We will know when this time - the Fed will tell us. Just keep an eye on their weekly POMO schedule. If it doesn't get too light, we just keep going higher