Naz 5,000, now the pullback. Gravity rules.

Up trend remains strong. Multiple distribution days, including a small one Wednesday, create some hesitation. Perhaps we’re in the midst of a pullback to the 50-day SMA’s.

This blogger was a self proclaimed genius the last time the Naz hit 5,000. Collapse of the tech bubble made fools of many of us. I’m proud to still be playing the game –  much much more wisely.