So what do we do now?

The market is severely overbought--gaining
nearly 6% in 5 days. It's very dangerous to buy it at this
juncture. Keep stops on open positions and wait
for a break of the range or a pullback to get involved with new positions.

Secret to becoming a winning trader is to make it okay to lose.

Winning is great, sure, but if you are
really going to be a successful trader,
the secret is learning how to lose.
Nobody goes undefeated all the time.
If you can pick up after a crushing
defeat, and go on to win again, you
are going to be successful.

As you consider your own goals, also consider what you are willing to sacrifice for what you expect to receive.

In the arts, medicine, science, or business. Nothing worthwhile ever comes easily. As you consider your own goals, also consider what you are willing to sacrifice for what you expect to receive. You should be prepared to give generously of your time and talents long before expecting a return on your investment. Many “overnight successes” worked in obscurity for many years before they finally achieved their goals.

Opportunity comes often. It knocks as often as you have a trained ear to hear it, an eye trained to see it, a hand trained to grasp it, and a head trained to use it. - Warren Buffet

                     The information contained herein is for educational purposes only.

Today, it looked like low-volume, end of quarter window dressing.