Go Jags

Come on jags let beat Indy.

There are a lot of reasons to be short here. That is making me think about clearing my short positions. I am sticking with my guns. Currently i am 75% short. This is done through puts mostly on the spy. The all expire in February or march.

Reason for being short:
1. We are under 10 ema on the daily chart
2. 10 ema crossed 20sma on the hourly chart
3. Tick down on macd histogram on daily
4. Large volumes of calls on the $vix being purchased
5. BAC. WFC, C dilution
6. European Banks
7. Greece
8. Dubai
9. Bernanke on the cover of time
10. Rydex Traders Bullish
11. Lots of call buying

Go jags