Markets often time come back to where they came from and she looks like it maybe soon there.
Every Single time in the past this baby has done the same. 600 back to 300. Then 1000 back to 600.
I want to pick on that last 900 high because this area between 800-1000 is what I would label as a 'key level' and since the last two falls to 300 & 600 didn't go down so much makes it very hard to buy in the 800 area. Therefore I have placed a buy order around the 900 mark.
My plan on execution is to sell in pieces and buy back cheaper. Therefore an example is sell 20% at 1100, 20% at 1350, 20% at 1600, 20% at 2000 and the final 20% around 2800. When I sell I will try to buy back cheaper for even low levels like 1000 which is still ten percent gains. No need to exit out of position until it makes great new highs closer to or above 3000.
