Was checking my records today. Too easy, it got me off-balance.
I have not notice until I read the newspaper that P6 is in a new high territory. If you observed most post last weekend and most chart prophets was bearish and most traders last week were in cash. The market have done the opposite. They were looking for a pull back for 5 days that never came.
Market is a beast designed to fool the majority. Anyway, if it is a bull market, the only problem now is which is the fastest horse.
One prophet said to tsupits for profit 3%, oh my. Meaning, to buy at the exact bottom and sell at the exact top. If you bought 100,000 board lot at the exact bottom, and sell it at your computed top, It creates a heavy resistance at the top which will push the price down. Almost impossible to profit.
More blessing to all and happy trading.
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