Wednesday, March 17, 2010

3/17 pre-open

Shorted 7.5% at the close.  Will short another 10% at DJI 10715.  Stop for all at DJI 10747.
Downside thresholds:
XMI 1177
SPX 1144
DJI must hold 10,730 + .15%.
Stocks have lost their tailwind from the metals.  Silver and gold now set for declines. Buying 1.5% ZSL.

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