Wednesday, July 08, 2009


With the markets pointing down and 100 % red on my high low indictors going short is the only way to be at the moment. Don't be suckered into "dip buying" because things are cheaper now than before. Never add to a losing position if you are still holding out "hope".
The markets are providing great trading action both long and short.
If you don't like the current direction, wait a while and you can bet it will change. Follow the momentum and take profits when they are offered up.

S&P and QQQQ

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