Re: Top Decile Daily Results - July 07
Well said, I read all the top performers comments (this year and lasts) - even if they are so humble, they emphatically deny they have any skill (you know who you are ). I'm all for continued new highs, but most of the major foreign and domestic indexs have not seen new highs in weeks - that is typically a good sign that the market is about to correct - so I am inclined to describe your position as "sensible", "calculated" etc....but get ready to hop faast 'cause we could see the shorts get squeezed real hard before the correction comes.
I moved this over to my Talk thread...didn't want to muck up ATCJeff's terrific thread. I agree that we have a better than average shot a correction in the near future...I will park in the G until a better buy opportunity presents itself. If the earnings reports come in higher than expected and start to drive the markets higher...I may jump on board, otherwise, I will take my penny every 6 or so days until something demonstrative happens.
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