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Wednesday, November 28, 2012
JT Comp holding but I'm adding shorts...
JTS is holding in cash, but CCI is producing another short signal. The particular trigger for today's short signal is a 1-day negative divergence between SPY and the CCI indicator. That is to say, SPY is higher than yesterday but the CCI is lower. It's pretty risky here, but I'm going to add to my short position with another lot of TZA on the close. Thx and take it easy!