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| I agree with everything you suggest. In terms of a rush to buy I am more inclined to think these dollars will go into equities, possibly some real estate & etc. I believe open positions with small profits should be lightened up....I am not removing any chips simply because I have some cushion & in this sort of bull market & while I respect the various patterns & methods of Longstreet & etc....I just plain do not want to be on the sidelines here...& not short, even for a trade...as it interferes with my mental attitude. They may carry me out as charred as a cinder...but I am going to stay for the ride until I see something which makes me more nervous than usual ... hoping to keep enough in reserve to buy a chamois & a pair of insulated underwear if it is 'car wash time.' | |
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Crude Oil Chart
