I think you are right too much optimism now
Anybody getting this gut feeling I'm getting that the market is about to do something bad? I had this same feeling at the end of 2007 and moved my 401K into bonds just in time.
I think you are right too much optimism now
Could be your brain suffering from all the messed up logic to keep the pigs flying. That is sending a message down to your stomach and generating that quesy feeling.
Stocks are running up based on just a bunch of chasers getting on the bus. The chuckle part is all the pseudo explanations put forth to explain it all. Might take a large dose of helium to hold it up longer term.
I am trying to sell out pretty much everything by picking good exit points. Eying the QID very close, my brain is starting to tell my gut it is about at it's bottom, worm is getting ready to turn. Chart not quite there yet. Trying to identify the stocks I really would like to own a lot, lot cheaper. Ones like BOOM and a bunch of energy related ones. CHK, DNR would be nice. Maybe a few mining stocks. Some income producing ones. Right now cash is looking pretty good, even if you don't get squat for interest.![]()
I don't think the feeling in your gut is something extraordinary.. it's just a lot of experience which let you "feel" things..
It's always good to have something else to rely on than just pure numbers and stuff.. that makes life easier in many situations..
some people have more feel than other mostly because they are able to get more out of their experiences..
Perception is useful tool in establishing the right attitude for your trading mindset. If you believe so, then do it =) It is important to realize that it is about your perception and how you view it. Losing is not an option, it is a fact of life that one has to deal with and how you perceive it while make you reshape your path towards your trading mindset.