When you are about to enter a pool with potentially freezing water, you can
decide to jump into the water or you can try it first, see how cold it is and
then
When the rally began, back in March/15, I started opening long positions. The
idea was to test the Market, today I was stopped out of Ryman Hospitality (RHP)
which is a REIT
Today, most of the day the main indexes were trading with moderate to heavy
losses. Once the Federal Reserve released its minutes, the losses stopped and
some indexes were able to partially recover.
Not long ago the Fed hawkish comments used to hit the Market indexes, today we
are back at that kind of Market fragility. From the large-cap perspective the
decline is moving around the
Today the important indexes rallied, the Market is behaving in a different way
than I thought, where a controlled pullback would take the S&P 500 close to the
-1 Keltner Channel