Replies to post #890 on Andy Bear Picks

[surf1944]

If not short the market it may be best to set in cash for a few months or at least until there is a correction, for me I have to play the short side when conditions get like this.

surf

40% long 35% short & 25% cash

[surf1944]

AAPL is more telling to what is going on & is being hidden by the market averages:

Predefined Scans - New 52-week Lows (NASDAQ)

The list is likely to be much larger before we hit a safe bottom.

http://stockcharts.com/def/servlet/SC.scan?s=I.Y|TLDL[T.T_EQ_S]![T.E_EQ_N]![AS0,20,TV_GT_40000]![TL0_LT_AN1,260,TL]