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Even with the sell-off over the last week I opted to go short after the close. It wasn’t easy and I almost expect the market to rally, but I believe it’s the only trade out there right now. My long watch list has been cut in half over the last 2 days and there is nothing I would feel safe being long. Gold is a hold right now and I think we’ll get a good buying opportunity in the coming weeks.
April market call days before the flash crash.
I found this passage incredibly insightful when it comes to uncertain times in the market where there is high volatility. Your 5 senses will deceive you. Trust in your system and your intuition to guide you through turbulent times. … [visit site to read more]