SPDR S&P 500 (SPY): Added to short position here in the A.M....

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Re: GLENO34 post# 97245

Wednesday, 03/10/2010 12:15:53 PM

Wednesday, March 10, 2010 12:15:53 PM

Added to short position here in the A.M. How can the ndx and spx be up sharply and the dow barely up. There is a big disconnect.

The NDX has outperformed all other indexes this last week. I was early to the party, but I think a top is forming here. It may take another week to play out completely.

SPX short at Profunds added last night as well. This is a good short set up IMO.

http://stockcharts.com/h-sc/ui?s=$NAMO&p=D&b=3&g=0&id=p23833481459

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