The market doesn't care what all those people are saying about how extended it is. The DJIA continues to hit new all time high, even with repeated Dow Theory non-confirmation and negative market breadth. As history has shown, the market will frustrate those that are trying to call the top and/or waiting for the correction. When these non-believers rush onto a running train that is when the market will do what they were expecting the market to do. Until then, trade what you see and not what you believe (I know, you heard this many times before, but are you doing it?) One more thing, 'do not chase the market or the stocks.'
Click here to view the video if you do not see a video player on your screen.
Happy Thanksgiving!
