There is an alarming increase in the disparity of calls in the market, wtr to commodities, the dollar and equities. As traders the inclination to act is rampant. Somebody here said everybody on this board overtrades. I don't doubt it.
Everyone knows the market is at a critical juncture. Next Wednesday, as it is ordained by the Fed to make their pronouncements determine direction, will speak. It is end of April. Irrespective of what is delivered the tone most importantly, and content less so, will decisively determine the play of the market. That will endure at least until the fall.
Perhaps for a change we should decide NOT to act and wait on the sidelines. It'll be a big move. Better to lose on the upside than the downside.