Big rally today! As I type the Dow’s up 330. Per last week’s message, some on Wall Street, as well as main street, are wondering when the inevitable fall will come.
Yep, for sure, there’ll be a fall. In fact, there’ll be many this year — I’m certain. That said, as I continue to chart for you, there’s also the current trend, and, per Jesse Livermore below, that’s what smart investors focus on:
The big money is not in the individual fluctuations, but in the big movements. That is, not in reading the tape, but in sizing up the entire market and its trend.