Wednesday, January 9, 2013

Holding Up

The consolation/pullback has occurred just as we suspected. The good news is the market is holding up really well. Internal numbers show we are still very much in a bull phase at the moment. Another day or two of selling won't change that.

The plan for the moment is to sit back and wait for the MTT to trigger a long call. We'll jump in TECL or TQQQ at that time. Until then let's sit back and be patient.

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