Market Drop Makes Sense

We should not be expecting sustained directional moves.

PRE-OPEN MARKET COMMENTS MONDAY - Why is the market down today? Why was the market up last week? You can find reasons to justify the moves, but the bottom line is that buyers and sellers are in equilibrium. On any given day, either side can take control. If we get a few days of buying, we should expect a few days of selling and vice versa. That means you should keep your trades very short term. Set passive targets and take gains when you have them.

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