August 27, 2004

SHORT SHORT SHORT SHORT it

Even though the markets have rallied, the chart looks ugly. There hasn't been any volume in this rally and we are now running up against resistance. The markets look really really attractive to short at this point. If you want to be more safe, you can wait until Monday, but I think the markets will go down from here.

--------

Trackback Pings

TrackBack URL for this entry:
http://WWW.UGLYCHART.COM/cgi-bin/MT/mt-tb.cgi/471

Comments


Post a comment




Remember Me?




(you may use HTML tags for style)