Well,
there was good and bad today. My best idea, CCME paid off and I decided to take all the profits and raise cash as the markets began to tank. The close was much stronger than I thought... but then -- that's nothing new.
I decided to listen to the indexes and play defense... raising cash on the extended market. The last 3 candles are identical to the April highs. So that was what really got me defensive. If it plays out the same way, it'll be a brilliant call. Most ppl are not defensive yet.. So front-running a panic may save the day. Either way - I can daytrade strength. I just don't want to hold much here until we get a correction.
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