Today is a classic example of why you need to remain long at all times: massive busting loose of indices following much better than expected results from $MU. Couple the Micron news with the developments out of China and we have ourselves a GIGA RALLY.
If you sold yesterday because the market was narrow and annoying, you missed out today. Should you decide to chase this rally, you might end up losing some money on a minor pullback off the highs.
We are still bullish and fight the inner bear every single second of every single day. But you’d need to be a god damned moron to not see the writing on the wall and the guts of the bears festooned all over the floor.
If you enjoy the content at iBankCoin, please follow us on Twitter
