Yesterday was profit-taking, Today might have a different scenario. After opening positive, more selling started to come into the markets. This would be more of an indication of a change of investor sentiment versus merely continued profit-taking. Be ready to close out long positions that are starting to show weakness. You can always buy positions back.
February 10th Daily Market Comments
Yesterday was profit-taking, Today might have a different scenario. After opening positive, more selling started to come into the markets. This would be more of an indication of a change of investor sentiment versus merely continued profit-taking. Be ready to close out long positions that are starting to show weakness. You can always buy positions back.