Sarah,
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On Saturday, December 3, 2016, 3:36 PM, jimhattaway@yahoo.com [TSP_Strategy] <TSP_Strategy@yahoogroups.com> wrote:
Long ago, a wise man I worked for gave me this advice: " Don't chase highs, lows, or rainbows." I find it as true today as I did then. Consistency and time are very important.Jim HattawaySent from my iPhone
On Dec 3, 2016, at 11:58 AM, sarah_oz@yahoo.com [TSP_Strategy] <TSP_Strategy@yahoogroups.com> wrote:One of the truths in the stock market is that trends do not proceed in straight lines. There are ups and downs. Someone compared it to hiccups but that's not true as hiccups are out of the norm. The more apt analogy is breathing -- breath in and then breath out. Technicians would describe whats going on with small caps as a potential "bull flag" (google the term if you are unfamiliar) a short breather on the way up. So if you are already in -- relax. If you missed the run up this may be a buying opportunity.
Good analogy. More downside likely short term.
Posted by: Ian Heskitt <iheskitt@yahoo.com>
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