Bears get rolled again, as the stock market keeps rolling onward and upward. Many traders, more so novices, but many veterans as well, have this romantic notion that he/she can call the exact top and get out at that perfect time.
Readers know that calling the top, or the bottom is something only a few successfully do, at least those that trade real money. Armchair pundits and paper traders often seem to nail the exact top or bottom. In hindsight, the game is easy, in real time, only a few even try to do it. Most are content with 80% of the move, or to scalp for a few dollars where they can.
Long INTC, IWM, XLE, MTB, CELG, AMGN
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