This is not the TOP - GV is WRONG
As my fans know, i think the market is partly psychological.
Well i was thinking about my top call last week, and how i might have been close to right, when GV posted his 'Ringing the bell at the top' post the week after, calling for about 110.
Now i follow GV, and have learned not to follow his call without staying in touch in case he changes his call. It's known that i think he's great, though almost to deep and hard and fast for me.
But i have to say, it's not the top, because if i was, MY top call at 107 was 'mostly right'; and that's just not possible. Promise.
There is no way possible that i am seeing this correctly, and on purpose. Facts are facts, and the fact is; if i think it's the top, it's not.
So, of course i'm not telling you better fools what to do, but i will share me advice with the newbies: Don't go all short all at once. Try putting some trailing sell limits on your high beta picks, but don't throw all your money onto any one thing too fast. I'm just sayin'.
This pullback will be short, and for some reason it will continue to dog north till both i and GV are wrong. I know that sounds stupid. "When will it ever pull back?" and "there is no such thing as a jobless recovery".
But if i was right, and positioned. . . . no, i'm not right. promise. short correction and sidways to 1150 till after Thanksgiving??
Just ramblin' my thoughts to my homies.
PS, i'm always wrong. Don't listen to me.