Price breaks out…

Posted on Sep 05, 2019 by in Letters, Uncategorized

The SPX jumped 23 points in a powerful exit from the long standing rectangle. (22 trading days).  Conservative investors may wait for confirmation -- that would be a new high.  More aggressive traders  will buy  the breakout.   The trade may be evaluated -- or criticized -- as being a knee-jerk reaction to news.  Excessive volatility will continue.

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