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Market_Fest4

05/17/12 3:06 PM

#7152 RE: scstocks #7151

As expected, the high 27.50 was reached before I was even paying attention. That's why I sold some. Continued pullback this afternoon. market looks like all rallies are being sold.

Goes up slowly for 6 months, while I'm playing for a pullback. I give up in April, and the pullback starts. It never fails.

Friday should be interesting. Tons of people expecting a selloff. market rarely gives it what it wants.

I'm taking big move lottery ticket shots in both directions on FAS. Playing for a short-covering rally on Friday in SLV and SPY, ERX too. I'm usually never right, so the right play would be no movement.
MF4