Shall we feel safe?

Merkel bids to quash Greece default talk is today's headline.

But is it trustworthy?  EUR AUD GBP are in break down mode again realtime.

Looking at the whole landscape of market, a lot of momentum stocks and leading stocks are not showing much fear AT ALL.

Either this is still a good bull market... Or, it is much worse, the market has NOT materialize the fear yet.

My experience tells me, even in bear market, LONG stocks can still be very profitable, but you have to watch out for sudden and fierce downtrend. Usually those are:


1. Gap down caused by EUROPE
2. Open Hour Drive Down
3. Afternoon Drive Down


It is easy to understand. They are gap and two volatile intraday sessions. Learning to escape from sudden bearish moves, then 80% of time you are safe.