Everything Hinges right now on the BUBBLE.
If we stay in the Bubble longer. There will be still big %$ day trades/short term to make.
If air comes out of the Bubble like yesterday. Then it get's difficult to make money long.
Conversation
What are you buying? Lots of low PEs still out there especially by these measures today. Banks have PEs on the low teens and others.
What's your indicator that there is a hole in the bubble? SPY sub-200sma?