Today saw this exemplified.
Yesterday, I posed my commentary on what I saw as the state of the market. I specifically stated
"...but this is a tell on what I am going to do today:
Now, let's look at why I did what I did yesterday ...
In that same blog I posted a chart entitled "Strength of Various Major Indexes". Here's the chart:
- trading pairs of ETFs
- have a 4:1 bias to the downside
Please, all, understand what I did. This is not posted to say that this is "THE WAY", but it is "A WAY" on how to play this market. Please don't be critical that I moved into longs and that the market went down -- that scenario was FULLY baked in to the money management that I chose.
I welcome your comments below.
As always, thanks for the dialog.