Monday, February 4, 2013

Volitile

Topping 

Topping patterns tend to ungulate around a little before the bulls run out of steam.  We're seeing that happen.  I suspect that the bulls aren't quite ready to give it up just yet, so we'll see if there is any fight left in them tomorrow.  If they get smacked down, I'll give some strong consideration to starting a short position.  For now, the scoreboard is showing a DJIA 3x short ETF, although I am not personally invested in it yet.


GOOD LUCK TOMORROW!

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