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| Perhaps we are in a kind of "stand-off" situation.
That is: The bulls are fearful of the extended/overbought markets
The bears are fearful of a few limit-up days in a row
One possibility is limit-up days leading to a minor but significant down-turn.
I would think there'd be a lot of profit-taking after a few limit-up days. This could lead to a meaningful drop in price and really be of value to the major trend over the long term.
Of course a major news event could effect the markets in a big way up or down.
Would you say never knowing for sure whether you're doing the right thing is what so many find appealing about the speculative markets?
Living life on the edge.
Don | |
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Long weekend a good thing?
