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Post by novie08 on Jul 22, 2014 13:49:24 GMT -5
or is this market really, really boring? I try to remind myself that boring can be good.
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Post by crumbdon on Jul 23, 2014 13:13:14 GMT -5
Yeah, Novie, I've come to the conclusion that it's too boring for me. Haven't played for a couple of weeks now. But it has given me time to reach a few conclusion, all MHO of course.
1. This market is REALLY, REALLY tired, and desperately wants a break. A real break.
2. Point # 1 is (for all accounts and purposes) meaningless, null, and void.
3. Mr Market will continue to be forced still higher, even if it is just a slow forced grind.
4. Support still is.
5. Resistance still isn't.
GL, all. Rip Van Winkle signing out and going back to sleep.
Somebody wake me up when the VIX finally means something again, and actually make a real move.
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