Posted by: eminitrader May 9, 2009
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Thapap,
This could be another rally in a long-term bear market but since this rally will last for months it is necessary to take advantage of this. My philosophy is to make the best of bull-markets (no matter how short it is) and stay in cash in bear markets. Once the blue line declines by 10% from the high I'll be on the sidelines.
Last edited: 09-May-09 09:35 AM