*~1Best~* Market Timing & Trend-Signals

[Jamestown]

I really do not like to short the market but when a break occurs fast money can be made doing it. I would say that in choosing between shorting or going flat, that I prefer going flat. And this is because the market always has hope towards a better outcome and a reversal can occur at any time. Something very liquid like the SMH or Q's is a much better vehicle in either direction. I have made very little money shorting a market unless 1) a confirmed downward trend is in place 2) a unfavorable time of the month/day/year is upon us or 3) certain extremes have been reached as seen by the previous graphs. Any combinations of the above will be a signal to me to short. But it is still not certain but neither is going long. Setups do not always work out the way ones expects. And yes, we are up against some heavy resistance at these levels but it does not mean we can not break above them. So money management becomes very important at this stage.