Thursday, December 2, 2010


CNBC Fast Money are all believers now in the rally.  The equity put call ratios are at extremely low levels, something you don't see often.  We are near the highs of early November, so we are on our way to forming a double top.  I will wait for the nonfarm payrolls report to come out and will add short exposure on Friday if we get the good number that I expect. 


Anonymous said...

I guess your doom and gloom predictions did not come true, as usual!

Petsamo said...

66% long 34% cash. Blood red gap down is authorized.