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Also you have to trade with the market. When the market is up or not down ,much there is more speculation to pump small stocks higher. If the S&P is taking a big drop. That adds risk as stocks come off highs. Need to pull back.
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The market is still good for short term long trading. There are many big winners. Why? Because many stocks are at lows. But have to sell when you're making money. They come back down fast.