We are winding down another great week inside the 12631 Trading Service. After exuding patience and protecting capital by and large since the spring correction, we turned up the aggression a bit this week and benefited on the long side. The market has indeed improved over the past few weeks. We have worked very hard through the long periods of patience and maintaing very heavy cash positions. Hopefully, we can start to open up our games into the fall.
Of course, complacency is the enemy of the trader. So, I am not just going to presume that we are completely out of the woods. However, I am trading what I am seeing, and so are over 300 of my closest friends inside 12631 with @RaginCajun. As long as many individual stocks are permitted to break out and consolidate in a tight manner, it is tough for me to actively look for a market top.
If you are too busy to join our services in The PPT and 12631 then I urge you to look at our most recent product, my Weekly Strategy Session, where each weekend I prepare you for the upcoming week with a simple email delivered to your inbox.
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