'Trading is a process of observing the market's action until such a time you can find and form trading ideas and get involved.'**

Monday, June 24, 2013

I told you so...'Bank Your Profits...Now or Never!'

Validating my post last April 21, 2013 that I titled 'Bank Your Profits...Now or Never?' was a reflection that the market was at the top and needs correction.

The daily charts below says it all!

And the historic market adage 'sell in May and go away' is quite valid.