The stock market is giving us one more head fake. We are once again at or near major resistance in the S&P 500. The air ways are full of noise and garbage about the green shoots, or what ever else we are calling a possible market recovery. Be ready for a wild ride next week as we test this level again. The Markets failed miserably in October, November, and January. Even if we break though this current level, be ready to come back down and re-test the lows of March. A Gambler that bets his money and wins often believes he has seen the future before him. He has seen nothing but the flip of a coin that rewarded him for his foolishness. A coin flip is no way to invest for your future. Let the market guide you with follow through.
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ReplyDeleteThe stock market is giving us one more head fake. We are once again at or near major resistance in the S&P 500. The air ways are full of noise and garbage about the green shoots, or what ever else we are calling a possible market recovery. Be ready for a wild ride next week as we test this level again. The Markets failed miserably in October, November, and January. Even if we break though this current level, be ready to come back down and re-test the lows of March. A Gambler that bets his money and wins often believes he has seen the future before him. He has seen nothing but the flip of a coin that rewarded him for his foolishness. A coin flip is no way to invest for your future. Let the market guide you with follow through.
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