Friday, January 25, 2013


The badly positioned longs in AAPL are dumping, the shorts in NFLX are getting squeezed to death, gold just keeps going lower despite a higher euro and strong risk on environment, and S&P shorts are all in the red right now.

The trendiness of this market is amazing, and points out that trend following is alive and well.  Nothing motivates an investor to act more than bleeding capital and continued pain from underperforming the averages again.  Liquidation Friday in a sea of liquidity. Don't fight it.  1520 is beckoning.

No comments: