You Can't Reason With a Steamroller

Over the years I've often written that momentum almost always lasts longer than seems reasonable. This market action is a particularly good example of it. There is no slowing in the uptrend as the indices hit new all-time highs again on breadth of about 2-1 positive.

One of the big problems that many people have with this action is the gut feel that it isn't reasonable and has to end soon. By the standards of most humans this shouldn't happen but if we want to navigate the market we can't project our definition of 'reasonable' on to the market. The momentum is crushing everything in its way and you can't reason with that....211 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.

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