kevinb: Sorry, I missed responding to your last post. I thought I'd caught them all.
Yes I went into the locker room yesterday still short. In fact I went to the showers having increased my short position into the intra day rally.
Both the COMPX and NYA have both dropped back inside the patterns I illustrated on the charts I posted Saturday. The breaching move yesterday formed an smaller intra day rising wedge patterns on both charts. That was a pretty good sign that we get at least a pullback inside the NYA rising wedge off its 7/24 low and the COMPX rising channel off its 8/5 low.
Regards,
LG
PS: I just made it online this AM, as the computer I have dedicated to posting on message boards, was giving off an electrical smell. I had to shut it down and blow out the cat hair...gg