Friday, May 27, 2016

Market Update 5-27-16

There is a reason people say the trend is your friend.  When the market is moving in a certain direction it has momentum and you have to respect that energy and let it tire itself out.  Don’t get in the way of a Mack truck as it’s barreling down the road.  Let it run out of gas and then you can watch it go back downhill. Today may be a big day because of the holiday and the Fed.  If someone opened an ETF on volume then I would be bullish on that because that’s the only thing I’m sure of right now.  


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