On friday with us not making any new lows i think we grind higher. Personally i believe it forming a nice bear flag on the indices. We could get some volume returning to the market and set up for a nice shorting opportunity. Timing is everything will be watching Bonds to hopefully give us a clue on when to short.
Went long BAC, C, UYG, and TBT in after hours trading on friday. Also bought calls on TBT and SPY.
Ultra shorterm (3-5 days) very bullish on stocks.
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