Yes but this is a time where my 40 plus years experience tells me that at times its not worth sticking with it unless there is volatility involved. When there is no volatility its not healthy and you set yourself up for a bigger sharp decline giving up all of the sharp gains so I'll stick with short placements for now, instead of risking getting stuck in a long for a looooong time. Of course actually buying stocks is a different story but if you had bought some tech stocks in 1999 you would have had to wait 15 years to get your money back. In my view we are nearing that period again where the market won't see new highs for a few years as everyone and there dog and even cats think this rally will go up forever.
Hi, my Traders' Talk Scottish friend, you said you are of Scottish origin if I remember well, so let me call you like that. The Scots were the only Celtic people that were able
to resist the force of the roman empire, while the Celts of the Po Plain, which is the land where I live, weren't even able to resist the Romans' wine and used to fall drunken
before fighting. That said I tend to agree with your point of view that we are close to experience big big problems. But we are not there yet in my opinion. What I would like to see
is a long distribution which so far is absent. I think we need new all time highs while the weekly macd is in divergence with the indexes. Which thing I don' t see yet. I think by April
next year we will know better if the bear is waking up.