That was a well-timed herd move. Took cover and beat this week.
Time for my contrarian tendencies to consider swimming against this current.
Just checked the Autotracker to see that the Top 5 had moved to G as has almost 50% of the Top 50. I think those Top 50 are pretty smart bananas.
My crystal ball say that tomorrow will still be a slightly up day followed by consolidation (or some type of negative retrenchment - maybe .5-2%) through the end of the month and a bit of a small rally in early August. It will be interesting to see if any of that pans out. If it does, I may be using my own system for a while.
Attachment 34561
All the best in your investing.
FS
FogSailing
Try to learn something about everything and everything about something.
That was a well-timed herd move. Took cover and beat this week.
Time for my contrarian tendencies to consider swimming against this current.
"Don't gamble. Take all your savings and buy some good stock and hold it till it goes up, then sell it. If it don't go up, don't buy it." -Will Rogers
Hi OBX. Just checked the Autotracker and it looks like 13 of the 50 have used all their IFTs. So, my guess is that most of them scooped up their winnings when the market was hot and peaked last week and got out when SPX hit it's high. Good timing indeed,
All the best to you in your investing.
FS
FogSailing
Try to learn something about everything and everything about something.
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