"Smile, breathe, and go slowly" Thich Nhat Hanh
First of all, a big thanks to RandomWalker and Leisa this week for their fantastic posts. We really appreciate your wonderful contributions.
We finish up this week with the NYSE only down on the year –3.06%, when only a few weeks ago it was bordering on a number that defines a new bear market. But.. the coin can flip at any moment for longs or shorts as we saw several times this past week in a big, big way. Expect more of the same going forward and make sure to have a several plans in place before you hit that trigger.
One chart to share for now, and you’ll see the overbought/oversold zones highlighted.
It’s been a long week, or at least it sure felt that way, but it’s time to take care of your mind, body and soul, and am-scray! You’re supposed to be relaxing not reading a trading blog! ;-) Have a good weekend everybody, and see you on Sunday night.
