Today was a horrible day for short sellers. Once again the obvious thing didn't happen. The market loves to prove everyone wrong. I'm now in 100% cash and waiting for the market to give a signal regarding it's direction. The market is due for a pullback as it pushes into an overbought condition. It's just a matter of time before it's direction changes.
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http://jackschartpatterns.blogspot.com/2009/03/its-on-life-support-but-when-will-plug.html?showComment=1237387560000#c8540675779109875531'> March 18, 2009 at 9:46 AM
i'v been reading your blog this week,
thanks for sharing.
http://jackschartpatterns.blogspot.com/2009/03/its-on-life-support-but-when-will-plug.html?showComment=1237489980000#c8534230694718301939'> March 19, 2009 at 2:13 PM
Thanks. Feel free to contribute any thoughts you have on the market.