What Do You Expect – Blueprint 5-21-2013
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About Jeff White
Jeff White started trading in 1998 and resides in the Dallas/Ft. Worth area with his wife and two sons. Twitter / Google+ / Facebook / StockTwits
Jeff
Why are there no swing trades? If an extended market is a reason to pause , then find us some shorts please
John, it is very simple. The trend is still up so shorting is not wise here, but we are extended so buying is a chase. I have explained this extensively of late so hopefully this makes sense. As a market participant for a long time, you know that calling a top isn’t wise but neither is chasing a straight-up move.