NB: Watch and learn. Theoretically the market should be a 50/50 propitiation. You make a trade to the upside or the downside. Their is no other possible outcome. The market either goes up or it goes down. So that begs the question is why do 80% of the people who trade are losers. And why is it its the same group of winners? The answer is so simple it makes you want to cry. Its the swings the market does not go straight up or straight down. And you are not going to be to successful trade the swings. To make money you have to understand in the course of a trade bases your OTE you will be making and losing money. You need to have enough of a cushion to survive the swings. As you are seeing we do a pretty good job of anticipating the swings and you need to adjust your positions so you can stand those swings. We anticipated yesterdays plunge and asked you to increase your cushion. We anticipated by whatever excuse the market would use a test the 100 day moving average line. I know its hell watching paper profits disappear but that is the game. You have to hold through the swings, Its impossible to trade them. If you push through and our fundamental analysis is right you should make money. And as we both know our analysis has been spot in. Bottom line yesterday was a speed bump and our analysis convinces us that new record highs in stocks will soon happen….