Monday, March 29, 2010

Prepared for a Selloff

I have gotten short and am now ready for the selloff.  I believe we'll be under 1160 by tomorrow or Wednesday.  I'm not going to try and top tick it today, so I've gotten short and will wait. 

5 comments:

Petsamo said...

Selloff is not likely anymore. The DAX finished +0.6%. ETFs holding Chinese, Japanese, and Indian companies are well above fair value.

Anonymous said...

Amazing lack of volume

Anonymous said...

Sold CNLG @ 1.70

OD

Petsamo said...

Unless overseas markets decide to dump their markets, we gap up tomorrow.

Anonymous said...

I see 2 possible scenarios, up day to start the day tomorrow then about 3hrs in we turn red OR we just run up all day