The amazing dichotomy between the DJI and the rest of the market continues. SP futures are forming abc's to marginal new highs after completing their 5 up on Wednesday.
Hi Steve, thanks for the great analysis. Are you still looking for things to head south in the next week,as far as the SP goes? You have the I1bottoming on 5/5.
I took a position in SDS about a week to early it looks like. I'm considering bailing with a decent loss, or hanging in there. Is this bull trend really petering out?
I've got intermediate holds in short mutuals, so those I keep. I'll post a timing chart that is part of I1 that developed a lead when the quake hit. I think today is top day.
Hi Steve, thanks for the great analysis. Are you still looking for things to head south in the next week,as far as the SP goes? You have the I1bottoming on 5/5.
ReplyDeleteI took a position in SDS about a week to early it looks like. I'm considering bailing with a decent loss, or hanging in there. Is this bull trend really petering out?
I've got intermediate holds in short mutuals, so those I keep. I'll post a timing chart that is part of I1 that developed a lead when the quake hit. I think today is top day.
ReplyDelete