Thank you, Marcy.

I thought biotech was surely a bubble when XBI hit $90. Even with it in the $50-60 range, it still seems like a bubble to me. It's always scary to buy something that's often just one tweet away from getting a decent sized haircut. But with Bernie and Hillary out of the way, the tweets don't seem quite as ominous as they once did.

And I am now hearing people say that the biggest risk right now is "missing out", and that there will be no pullbacks prior to SPX hotting 2,300. I'm not bearish, but I cannot imagine chasing stocks here because I might miss out on a bit of upside.

Most hardcore #gold bugs want be solvent when and if a new gold bull market emerges.

It looks to me like the dollar is possibly forming a bull flag, while gold and the miners are showing potential bear flags. Still seems like trying to catch a falling knife IMO.

I heard someone on TV refer to biotech as "so bad that it's good." Even though it's oversold, I could see it getting even more oversold. Trying to catch this before the election seems like a terrible gamble.

I agree with this. I see so many people right now who are convinced that the bottom is in and have already backed up the truck with leveraged instruments like JNUG. As much as I want to load up on miners, my fear of the falling knife keeps me from jumping the gun right now.

Excellent video. I always need to see videos like this when I find myself excessively bearish and too preoccupied with the news. This helped to keep my thinking from getting too inflexible this weekend.

#Miners are still a falling knife, I would be cautious about getting too excited, especially as more people are talking about backing up the truck here. Hedges and/or stop losses should not be dismissed just because of the appearance of a possible low.

I'm hoping the BTD moment will come when the SPX drops to the 2050 range.