Good work Capeman, you have a very nice trade going. I did misunderstand your post but I was not being sarcastic in my response. I truly meant that as a compliment. I have been reviewing in great detail what happened this week as I am writing my monthly newsletter right now, and I simply missed my call for a sharp drop by a week and my system did not catch it.

I do suspect the rally is going to resume, but I could have done much better exiting and re-entering so far. The question will be, where does the rally resume from. I would not have re-entered yet on this small of a pullback. If it does go back up from right here, staying put has been correct. If it is from much further below, it has been a mistake. Time will tell. The fundamentals look very good and the chart looks very bad.