Funny, am going to short near the open tomorrow, and look who else is shorting? Have been waiting for this op for months. My gut says we drop 3 to 5%, then rally one more time into end of august, then bottom falls out. But that is the normal pattern, so who knows what will really happen? End of august has proven to be an excellent time to sell (like in 2000 and 2008, had you sold then, even with the losses in the bear before that, you would have avoided the worst of the losses)
Not selling the farm and shorting yet, waiting a few weeks to do that. good luck to all.
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