We look for still lower prices even after this mornings panic selling…
Markets have finally turned down with a vengeance as we had been looking for. We look for still lower prices so stay short all positions.
Category: Market Opinion-Members
We are going short at the opening…
When we covered our shorts in the SPY, VNQ, and XLE last Thursday we said we was looking for an oversold bounce for a few…
Relief rally off of oversold condition still in effect….
We had stated Thursday at the low that we thought we could have a few days of rally to relieve the oversold condition of the…
Intraday recap of today’s action…
As we began the day, we knew that short positions had to be monitored closely as Mr. O’Brien had stated in his Daily Pulse of…
Stocks opened sharply lower…
With stocks opening sharply lower, we took the opportunity to cover our recent short positions in SPY, XLE, and VNQ. We gave the trade update…
More selling today in the stock market…
We got the continued selling pressure we have been looking for today. We still expect slightly lower prices on this reaction, then a few days…