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Originally Posted by Footsie
I hope you dont turn LONG TERM BULLISH at the top
...aware the market is close to a top and the Bear will strike in a truly spectacular fashion, just as spectacular as the whole rally has been so far
but unless I see first indications of trouble like:
-SPX 500 *968/*959 taken down on a Close
-support line taken out on a Close (see Hoop's and my posts earlier on the Dow and SPX 500 respectively)
the market is in for another top;
...bearish or bullish are limitations which may distort your ability to act in markets accordingly, so I try to trade the markets objectively
Kind Regards
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