Quote:
Originally Posted by lamboguy
the equity markets have been up 12 days in a row now. if there is anything i have learned in life, anything that keeps on going straight up is usually a precursor to some type of crash, usually within a year of making these extended highs.
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Agreed. We are getting near the top. However, the trend is your friend. I'm keeping a close eye on my portfolio and have tight stops in place.
As this slightly out of date chart shows, the S&P has gone 36 days without a 1% intra day move. It's actually up to about 50 days now.
Calm before the storm. Sell in May and go away.
