Tuesday, November 20, 2012

Little less frothy

Pouring too fast leads to foam

Just as pouring a beverage too fast can lead to excessive foam, a market that climbs too fast can develop excessive froth.  The best way to handle it is to just let it sit for a bit.  Today we let the foam die down a bit through the day.  Tomorrow will be a very interesting day for me because it will show me which way the market wants to break.  I'm hoping for a sign that we want to keep the party going and continue the bullish sentiment.  Time will tell!

For now, I'm staying long and plan to be in my current positions for quite a while.

Scores:

TSP:  C and/or S fund

GOOD LUCK TOMORROW!

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