Forum Clusters 111128.xlsx

“The market sentiment is at a point where the major indexes either crash 10%+ or they rally 5-10% on some unexpected news. Fundamentals play little role here. Obvious levels of support and resistance are irrelevant. Stocks trade on headlines and pure emotions. This is certainly not a time to be aggressive and for many it is wiser to just sit it out on the sidelines.” Ivan Hoff

The robots are just confirming Ivan Hoff’s advice and have relentlessly kept us on the sidelines for the last 7-8 weeks. Nothing has changed and I won’t comment for the sake of commenting when there’s nothing new to comment!
Billy

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