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S&P 500 (SPX)

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5,071.63
+1.08(+0.02%)
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S&P 500 Discussions

BREAKOUT! The \"TELL\". Hard pattern to discern but this move confirms next wave up. SB all time highs. It also looks like the last wave up followed by a real 15 to 20 percent correction. But of course we wait for that to develop.
 I don't get a great sleep being long this market but I do take that position from time to time realizing guys like Mark Ma will always believe there is some value where there isn't.
 I do appreciate your concern for my fiscal health though.
I have been where you are. I have gone thru decades of learning process. I have a suspicious nature and negative bias but have learnt to ignore them in favor of patterns and determining what makes the market tick. Generalities on bigger picture never helps in determining the current situation. All that does is help you cope with continued mistakes. I never make excuses anymore. the market is the arbitrator. you can't deny or dismiss it's moves. Understand current dynamics and plug in formula to determine when they change enough to affect markets natural tendency to stay with trend.
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