Markets and individual stocks are extended and giving good short signals, but as we all know markets can become more overbought before ever correcting. I am not looking for a major correction, but suspect recent Greek debt talks and underlying positives in the market (housing and employment numbers) are helping the markets climb a "wall of worry"  This could continue as there are still many scenarios to play out and until we get some definitive news I would be hesitant to overstay any short position. That being said if any news come out, on a more positive note then already expected I will be looking for a sell the news short term top. 

I really don't want to get to hung up on the news but more importantly to continue to be disciplined in the market in selecting position and waiting for the best (HPS) set ups  and most important taking the profits that result. The path is clear  do not complicate matters by thinking to much and keep the chair close to you!

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DayTraderRockStar