He like the rest of us believes that as soon as he does the switch it will reverse and then he will get a pounding on the short side. But will it reverse till we are down in the 4's , 3's who knows at this rate.
It looks like we are putting in flags 2 days in a row below resistance and we had more whip saw with a lower low today. May be bearish or a bear trap, I like the latter which means higher, But still makes it interesting having bears constantly trying to see how many stops they can take out, and vice versa for the bulls.