The year 2022 has been the most thrilling and exciting for me as a trader since 2008. My performance has been, shall we say, uneven, and I plan to fight like hell to preserve as much of my hard-won gains as possible. In my fondest hopes, I’d like to secure a triple-digit gain for this year. But seeing most, yes, most of my gains vanish into thin air during the June 16-August 16 nightmare, is something I’d like to avoid again at all costs, thank you very much. So the balance of 2022 is going to be the same balance of greed vs. fear that we all face, except cranked up to much greater heights than normal. Things have been going so well lately, “fear” has been wrapping its tentacles around my throat, but the charts are simply too gorgeous to treat with anything but respect and optimism.
I’ll also mention that, as with yesterday, we DID get a breakout above resistance, but yet again, it got smacked down. The key difference is that at least yesterday the bulls got about seven minutes of hope, whereas today, should this hold, they got about four seconds.
