Market breadth is still strong, so we still stay long. (Yes, Mr Ryhming Poet returns!)
You must have been reading many catchy headlines by ‘gurus’ stating that the top is near, oversold this oversold that…headwinds here and there….
Seems like all the negativity are coming from these literary experts. Wonder if they put their money where their mouth is.
We are guided by real market trading data (not economic data or catchy headlines….)…the prices and movement says up….so we stay still in our long positions.