A diary of the thought process behind my investment decisions
Fight Another Day
I believe we will retest last week's low at some point in the next few weeks and possibly break it. However, it is possible that this oversold rally will go a little longer. Like a matador, I find it is better to allow the bull to get tired before fighting it. As such I will allow a for a few more days of rallying before considering getting aggressive on the short side. Have a good night.