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Originally Posted by barn32
[/i]Well, as I write this at 6:36 pm PST the futures are down 14. They were up. My second question to you is this: Don't you think the markets are acting awfully frothy, toppy and sporadic?
Then you throw in Greece, and China, which is probably contributing to the above descriptions, and to my way of thinking you have so much uncertainty that it just seems downright dangerous to be long right now.
Now I could be wrong and this is just noise. But I've seen noise before and it doesn't quite act like this.
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I agree with you that there is an abnormal amount of noise, right now, but, that's no reason to bail when the market is less than 5% off an all time high and there is still a lot of technical support underneath.
Tolerating volatility is how you get paid in the stock market.
