Rec'd a timely email about this, and it is of course sheer folly to have fixed ideas about where the market is going, we can only trade based on our own interpretation of the true information available. The only true information is the last price of something as denoted on a chart, everything else is just someone's truth or another's lies.
So when the market goes up, I should be more willing to go with the flow but at times it makes me feel ill just to see the F soaring, because my heart tells me it is another illusion, but my head doesn't often overrule that notion. I shouldn't care what sort of money is buying the market-( the vilest numpties in the world probably) it is simply a market move and is tradeable.
So preconceived ideas must be relegated to my taste in wine, music and cars.
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