Thursday, November 4, 2010

Thursday thumping...

Current market status:  Healthy
Today's Signal: Sell/Short

Not a pleasant day to be short, to say the least.  FWIW, the system produced another short signal at the close.  But adding more shorts here would be nuts. There appears little doubt we are going higher, possibly much higher.   Being short right now, when everyone is so bullish is a good thought, but it's way too early after such a huge upside breakout.

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