Stair Step wasent quite the right description ,but next week looks weak .I think two weeks down then a rally then two weeks down again rinse & repeat until a bottom near MAY 13 ..I raised some cash and am trading in a IRA tax sheltered environment .Its a very volatile account sometimes Im in cash sometimes short and long with the Season.The regular account is a taxable account so I dont trade there ..Theres no difference between losing 30 % and Paying 30 % tax so I place more permanent positions there and dont trade there much I just take 20% off the topĀ because of my age in bull markets.Buy and hold has become risky in the last few years ,even with Gold Mutual Funds ,of which I have two.Trading has become more profitable but intense ! I will admit I get high from it and I like to WIN as the Trumpster sez…
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