THE STOCK MARKET TOPPED ON QUE. (OF COURSE IT SURE TOOK A WHILE TO GET THERE)
WE SHOULD SEE A BOUNCE THIS WEEK. SHOULD BEING THE OPERATIVE WORD. MY CONCERN IS IT ACCELERATES TO THE DOWNSIDE AND WE CAN'T ADD TO OUR SHORTS.
MORE THAN LIKELY WE WILL SEE ONE LAST PUSH BY THE BULLS TO RUN THIS RAT HIGHER. IT THAT HAPPENS, IT WILL BE THE BEST GIFT WE COULD ASK FOR.
THE MARKET HAS HIT THE HIGHS FOR THE YEAR. MY QUESTION IS WILL IT JUST RETEST LAST YEARS LOWS OR GO LOWER.
COVER ALL SHORT POSITIONS AND WAIT TO RE-SHORT. DO NOT PLAY THE LONG SIDE.
LATER
01/17/2010 Rome is Burning
The Stock Market has registered its high for 2010. Friday's sell off is the first crack in the dam. Opportunity abounds!
This years profits will be from shorting rallys, just the opposite of 2009, buying the dips.
Welcome to wave 3 down!
Happy New Year!
(taken from Xtrends) Thank you for the composition.
Just as our government leaders didn't see what was coming then, they certainly do not see what is coming now.
Fasten your seat belts and welcome to 2010.
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