Three more bears are sighted over at Marketwatch. Bear #1 is Value Line (link1). The other two are Arch Crawford and Peter Eliades quoted in this article (link2).
For now, I am steady on the wheel, hopefully safe into harbor this Friday expiration. For now, I think any decline will be modest (5% to 12%) and may be an opportunity to go long, or add to longs. As always, predictions can be entertaining, but the trading money is made by making and executing trading plans, right sizing of positions, managing the risk.
Long INTC, IWM, XLE, MTB, AMGN
all expiring this Friday
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