Big game of chicken about to begin

Bulls that were patient and brave enough to ride this rally up until now are probably tempted to take money off the table given election and QE uncertainty and you can’t blame them for doing so. Meanwhile the bears that got caught short in September and October and are still bag holding are probably close to throwing in the towel (not including the ones who got crushed and were knocked out of the game by force). Who's going to blink first the bulls or bears? You know what? I don't give a shit anymore. From now on, unless I see flagrant signs of a pending major turning point like in April, I'm not going to talk much about the day to day fluctuations in the market very much. My time is better spent researching individual companies and sectors. I did this last year late summer and it paid off big time. I've done it again this year and so far so good. Correction or not, I still believe this bull market has a ways to go and so long as that's the case conditions are favorable for sectors and individual companies that are thriving relatively better than others. It's not worth it to pass up on such opportunities fearing a correction in the general market because such stocks may not react to it much or at all. So long as it's not a 2008 type collapse you'll be sorry more often than not. You can use this post as an indicator that the top has gotta be in now (come on I know you're thinking it lol!). That's fair enough...go ahead and fade away! And I really do hope you make money picking the top! Seriously!


But I'm reasonably confident that any correction at this point would not be the end of the bull market and so that shouldn't deter me from buying stocks that are dancing to their own tune for the most part and have everything going for them (good valuation, positive trend in fundamentals, gently sloping uptrend chart). So, on that note I will likely be less active with my posts and I will talk more about the companies I'm looking at and less about the general markets until I see something really worth mentioning (such as if I'm getting an "all in" signal for a pending correction).