A diary of the thought process behind my investment decisions
Everybody's Bulled Up
Everybody's all bulled up after the S&P has skyrocketed. The only thing that is missing for a reversal is time. Today is day eight of the rally and we typically do not see good exhaustion until after ten days. That works out to Turnaround Tuesday. I am trying very hard not to go net short before then although it will be tough to stop myself if we gap up again tomorrow.