Past is prologue. They come in, shake the trees, and pick up the fruits.
That’s the character of this market. It’s in an uptrend and wants to go higher and will do so until it doesn’t and probably not until Fed tapering is a done deal.
Trying to game a three percent correction is a mug’s game. Getting shaken out of positions because of leverage or sizing issues is very frustrating. As soon as your done selling the programs kick in and take it higher.
The noise among the talking heads is just that and more.
This weekend was loud, “the markets will crash on Monday as no deal was in sight.”
Shake the trees pick up the fruits, rinse, repeat.