Going to Cash

[Darrenhymn]

We've had a pretty good run but the Dow is going to be bumping up against 16200 resistance. Many of the sectors I've been following other than gold and silver stocks look a bit tired. Prehaps a good time to pick up some shorts here but I'll wait until next week.

[DaveLandry]

okay, you let us know when you finally go bullish again so we can sell, thanks!

I've seen so many retail traders saying we going to crash now! Only leads me to believe they take it higher. Good luck.

[dauonncr84]

You let us know when you finally decide to sell so we can go long.

[Davidflous]

Okay, so a month ago, you were screaming Dow 17,000 here. (http://onlinetradersforum.com/showthread.php/673677-Three-Reasons-Why-The-Market-Is-Setting-Up-To-Crash?p=831879#post831879) Then we get a pullback and scares you out? This is typical retail psychology, which in my opinion will help fuel a move higher.

[DanBennett]

I am still going long. Blaine you will really like this one. Concerns your comments to me concerning LNKD in a down market. Well it paid out again with LHKD going down. Turned a 2514.35 profit today...as it went down and me going long. Had 5 trips for the day. In 189.90 out 190.00 in 189.50 out 189.60 (went too far down got out at a .10 cent gain for 82.70 profit....in 189.00 out 189.50 in at 188.00 out 188.50 in 187.00 out 187.50 and that makes me a 4,386.34 profit on LNKD for the week and all trades going long as LNKD comes down. Be glad when it starts up, can make some good money !