Tuesday, September 14, 2010

No Enthusiasm

You would expect the Fast Money crew and various pundits to get more bullish on a 1% gap up and closing the day up 1%.  But Fast Money was talking about taking profits and being range bound.  That is usually not the sentiment I expect after a 1% up day after 2 weeks of a strong uptrend.  I am cautious here on the short side, It will not be easy to make money being short.  Any small pullback and I am out. 

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