I've taken some time off, played some golf (got wet but won), celebrated our 45th wedding anniversary and had some family time. Still in mourning over Scotland's hammering at the Euros.
My last post recommending caution didn't age well with the market up 5 consecutive days since my last post.
a popular trader saying is "opinions don't pay only price pays". Nevertheless we also need to think in terms of probabilities and as the market and leading stocks get extended with many fewer stocks hitting highs than hitting lows and other market breadth signals flashing warning signals it's still a time to remain cautious. I'm still partly invested but took the opportunity over the last few days to take some profits.
In the meantime long term investors have their feet up and are sipping their piña coladas while counting their nice gains.
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