Monday, August 17, 2009

Don't get big Short

The market could move down 5% tomorrow,or it couldn't. It expiry week, anything is possible.

Don't get big short...as many chart as i posted....I have not entered any more short positions.

2 comments:

  1. Steve, CNBC is pumping BBT big. Give a couple of days for the momentum to fade.

    ReplyDelete
  2. Steve - I've worked up some charts of my own kind of inspired by your channel analysis on the S&P500 . The phenomenon you were pointing out with the kiss goodbye and lower boundary tapping seems to be playing out again with a third channel. I've setup a blog so I could share it with you and others - http://veblensrevolt.blogspot.com/

    So, DO you see what I see?

    ReplyDelete

Insightful and Useful Comment!