ajtj99's Market Pulse

[euterpe1]

It's hard to be bearish at the actual top and equally hard to be bullish at the actual bottom. I went mostly into cash at the end of November and early December as noted in many of my posts, but I did add some longs 2 weeks ago. I had that hedged with QID, but I sold most of that yesterday purely for ST tecnical reasons. That part kind of sucks since today will be a net down day for me.

In the short term, here's something to consider.

http://stockcharts.com/h-sc/ui?s=$NAUPV:$NADNV&p=D&yr=1&mn=0&dy=0&id=p6897511720....

Jeepers...

http://stockcharts.com/h-sc/ui?s=$NAADV:$NADEC&p=D&yr=1&mn=3&dy=0&id=p5994023666....

I dumped the QID this just after the open when we hit the 60 min gap that footquarters pointed out. So far so good.

This says we should go long EOD. I don't know that I want to do that. I'll have to think about this.