Good Time to be a Hunter

We might see some further weakness. Do not lose focus or throw all your cards in. These times are great to sit on hands and look for great setups on stocks that we have been wanting to get into for a long time and the market just did not let us. Remember, one must be vigilant and trade what the market gives us, also remember that the market tends to try to prove as many people wrong as possible. With that being said, as everyone is starting to talk about getting short, don't be surprised if the market does not surprise once again. This is a good time to tighten up stops and look for low risk entries. Just remember the Volatility is a bit inflated which means we should see large swings. If you can not handle the volatility, do one of two things, trade smaller lots or sit on the sidelines and wait for the volatility to subside.