Sitting here reading the wall street journal with my ruler. Marty Schwartz in pit bull recommended measuring the new high new lows for the NYSE. When the new highs measure over 12" it is time to get short. Well it is way over 12" and i am gonna get more short.
Watching the futures make a come back and i have sold my triple short ETF's. Gonna add to my spy puts today. Think we are setting up nicely to get even more short!!
Wanted to take some profits this morning. Will look to add when i think the market is short term overbought. Which could happen by 10:00am.
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