Wednesday, May 22, 2013

22 May 2013

 Buying climaxes rocketed higher today.  Lots of blow off tops in individual stocks?
 Medium term decidedly turned negative today.
Short term did as well.

Remember, it is usually volatile to both sides after FOMC so don't go chasing either direction immediately.  But pick a side, and stick with it when it looks good on all time scales.

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