Thursday, January 9, 2014

The Russell with Irrational Exuberance

After a steep climb from what is now going on 5 freaking year, out of the March 11 2009 the Russell has left the steep channel and it pounding up in an every steeper channel.

This is surely the sign of a pullback coming, but just arbitrarily shorting this market has been just deadly.    I will set some "sell below orders" and of course miss some or much of the move.

It is such a shame that the Big Gov is in such a predicament that they have to act like this.   

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Insightful and Useful Comment!