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That Damned Line

This is a syndicated repost published with the permission of Slope of Hope. To view original, click here. Opinions herein are not those of the Wall Street Examiner or Lee Adler. Reposting does not imply endorsement. The information presented is for educational or entertainment purposes and is not individual investment advice.

Another captured day in a captured market. I’m actually doing fine, thanks to small caps. But, try though they might, they cannot break that goddamned line. That is………..

Take a few big strides backward, we can see it did this exact same crap last week:

And stepping way, way back, to see from March 23rd forward, this is become a regular thing.

It’s simple. It has to break this line. And the longer the line holds, the bigger a deal the break is going to be.

As for me, I’ve boosted my positions from 36 to 60 and my commitment from 90% to 160%.

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