The Aviary - Home of The Bird of Prey

[Bird of Prey]

It's nice to see a rally get underway...

all these down days causing too much doom and gloom.

short term this looks like we are back in an uptrend, the key to whether or not this rally has legs will come if we get close to 1900 on the NAZ. A failure to break through there would signal a return to the prevailing downtrend, however a breakout could be the beginning of a nice rally.
Either way, waiting and nibbling here and there till things crystalize a bit.

At present I'm only long in DHB and a few select Oil & Gas or REIT plays. Only short in WAT, the rest is in cash.

good luck to all,