Entry points and exit points are key. Unfortunately, we need to wait until the market corrects to get the perfect or at least better entry points. With stocks up 15% to 50% over the last five weeks the odds of entering a profitable position are nearly zero. There will eventually be a correction and probably in early January. Until then we just need to be patient. Volume is going to be very low this week and the market appears to be undergoing distribution. That is the first sign of a material correction ahead.

No New Plays