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Tuesday, June 8, 2010

6/8 11:00

Classic bottom.  New low in DJI of .16% to suck in shorts.  Same with XMI.  Same with Nasdaq Comp.
Jack, you should re-consider your short.  We are at mid-day so I1 bearishness will fade.
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2 comments:

  1. Jack CJune 8, 2010 at 8:53 AM

    Steve

    Sold all shares of TZA at 8.31 for a nice profit, standing in 100% cash on the side. Thank you

    ReplyDelete
  2. Steve KotelesJune 8, 2010 at 8:59 AM

    Glad to help. I'll continue to post the blog through the vacation.

    ReplyDelete