page contents Your Financial Blogger: SPY $112.40! $112.40! $112.40! $112.40!

Monday, September 6, 2010

SPY $112.40! $112.40! $112.40! $112.40!

For nearly 2 weeks, I've been waiting for the markets to rally before going short. And I'm happy I did, because the past 3 trading days burned a lot of bears. If you're looking to short this market $112.40 will be THE level to short. There are no other levels that I would feel comfortable shorting near-term.


Be patient and sit on your hands!

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