Never a dull moment here in Candyland.
I like to consider myself a realist at the core. It's a bit of a character oddity, considering I primarily trade short-term setups where realism can be as chic as it was to an impressionist in the 1870's.
Buy high sell higher.
Don't study the details - appreciate the mood. It has been a staple entree on the market's menu over the past nine quarters. Like good cuisine, momentum has different flavors and personalities. Sometimes its recapturing - think the back half of 2009. Other times its expansionary - think Netflix and Apple over the last eight years.
And then there is the air pockets in between.
