The bulls are actually better off with a correction beginning now before things get too extreme.  A few days on the downside would allow the market to work off its overbought reading and for sentiment to become more neutral. After a correction an attack on resistance would have  a much better chance of succeeding. For my part, I remain fully hedged.

1 comment:

Anonymous said...

You are going to get more than .5% pullback. Just wait.