Today's move was mostly flat, but I don't consider it a pull back...especially in the Nasdaq where we've moved up 11 days in a row. We didn't even do that during the internet bubble in late 1999 and early 2000. I'd like to see a bit of a sell off before getting aggressive again because this move is not sustainable...at least there isn't a high probability of sustaining this current move. I will sit back and see if we pull back a bit in the next few days (at least give me one day!). Even if we clearly break out of this resistance, we will probably pull back to retest the breakout. This is a good time to be patient. We should be able to have some nice profits in the future as long as we don't make any dumb or emotional decisions right now.
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