The easy bet right now is that most of the major averages will head higher, and there are many reasons to think such. But when you look at the big picture and consider the low volatility levels and just how far we've come with nary a significant pause since the summer lows, the gut starts reminding you: when it's too good to be true, more often than not, it isn't.....learned and lived it many moons ago playing pump-n-dump stocks and in some respects this market is giving me feelings of deja vu. Count me in the bear camp.
And a chart that just may support the limited upside case......time is always on the patient traders...no make that risk manager's....side.
There always comes a time
Started by
VolPivots
, Jan 11 2007 10:36 PM
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