Short of a coin going into full tilt crash, I can't imagine why you wouldn't want some volatility. Volatility=volume=profit.
I haven't seen any LTC news lately, so I have no clue which might be happening, BUT two of those scenarios make good money. Pump that lasted for days and is over...I doubt it. Crash back to $3....mmmm...too many LTC fanboys for that to happen very quickly. So I wouldn't be nervous holding LTC for a few days while the bot works.
There's talk that LTC will implement SegWit, but they don't have a scaling issue, but at least it will be a dry-run before BTC implements it. Some will buy LTC to test/use it, then I guess it will in the end drop back to $4, but that wouldn't be the first time I've been wrong.