Tuesday, May 17, 2011

5/17 12:30

DJI has not overlapped the April high and is rallying.  All of the chart traders are short.  I sold my short ETFs near the DJI lows.  Let's see who is right.
Any new low in DJI proves me wrong about a rally from here.


  1. Steve

    I sold my shorts also. 100% cash. Hourly chart MAC D is exhausted.

    Jack C

  2. Can you be more specific about this rally? You don't see new highs for the month do you?