In case you haven’t noticed, the market has moved off the nice trend line it was on the 2nd half of 2009 into what appears to be a sideways mode.
Similar markets like in 2004, have moved off big trendline bull runs and then transitioned into slightly declining sideways markets. I plan to continue a mostly neutral / bullish trading strategy that really tries to be patient about entry points. With the bull market last year if you went long at a peak your mistakes were erased with time, but I doubt that will happen this year.
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