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"We will probably consolidate here (1800) a little while. If the coast is clear, meaning no more global or domestic economic concerns, then stocks should break above soon on the way towards the previous highs at 1850."
That certainly held true on Monday as stocks closed at 1799.84. I personally don't care how long it takes to break above as I am already amped up at 100% long. That's because the odds still strongly favor the continuation of the bull rally.
Please don't get too cute timing your way back in if you have not done so already. That is because likely the bottom of this recent correction has been found and the risk at this stage is being left behind.
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