Jump to content



Photo

Bull markets


  • Please log in to reply
No replies to this topic

#1 CLK

CLK

    Member

  • Traders-Talk User
  • 10,787 posts

Posted 19 May 2011 - 01:55 PM

Here is my assessment, we all know that buy the dip is the way to go in bull markets, however when we are in a terminal wave of sub degree like we are now it seems right to short, but remember we are still in a bull, anything that starts to look like a spillway gets bought. We know a 5-10% quick correction is due but getting in front of that without getting stopped is more than tough. Now might be the best time to just sit out and wait for new highs or crash lows to fade.