Its unbelievable how one down day becomes “The TOP.” On this day I’m reading blogs, noise that comes through email, and I can’t stand it. The bears always sound like they have the smart reasons for why the market should be done moving higher, but they are consistently wrong. They’ve been wrong when they thought on Fed Day September 18th, the market would simply melt into a full blown crash. Don’t remember that week bears? Everyone was scared, but the bears had their pocket protectors on and they were playing with their protractor in hand saying we’ve reached fibonacci retracement levels, September is always a bad month, China is selling our dollars, people can’t pay their mortgages, the fed made the wrong decision, waaaa waaaa fookn waaa. Its always some smart sounding reason that goes ignored by the market. What the perma bear noise makers ignore is price. Its really simple. Follow price. Don’t listen to the bullshit or you will miss out on opportunity. Sorry I needed to vent a little.

I’m long and I’m going to hold long going into Friday’s “big jobs report.” I don’t even think its going to matter. RIMM is after the bell tomorrow too.

*I don’t think today *October 3rd represents a top in anyway shape or form. The title is a bear trap…shhhh

Thanks for reading

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