Thursday, January 9, 2014

The Russell with Irrational Exuberance

After a steep climb from what is now going on 5 freaking year, out of the March 11 2009 hole....now the Russell has left the steep channel and it pounding up in an every steeper channel.

This is surely the sign of a pullback coming, but just arbitrarily shorting this market has been just deadly.    I will set some "sell below orders" and of course miss some or much of the move.

It is such a shame that the Big Gov is in such a predicament that they have to act like this.   




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Insightful and Useful Comment!