Do not let this shuffling deceive you into believing this market has topped. The market might finally oblige and give some satisfaction to those that have been waiting and calling for a correction. The market could fall back a bit to lure these buyers into the market to help push the DJIA up to near the 16,500 level. Until then, continue to trade defensively and avoid chasing the stocks. Be prepared, look for setup and wait for trigger.
Happy Thanksgiving!
