Replies to post #102769 on Zeev's Turnips Patch-No Politics (ZEEV)

[plexxus]

Negative divergences showing up here on many 60 minute charts....SPY/COMPX/QQQ/DIA etc....I closed out all longs today and took on my first couple of shorts in a couple of weeks. Think the 930 to 950 resistance on the SP will serve to cap this general move if the 924 print today hasn't already.

[Ace Hanlon]

This rally is going to end very soon IMHO whatever the top is. A matter of days most probably. And I am NOT going long in anticipation of Dow 9000. Much too much risk at these levels for me. My only major long position is in emerging markets which still are WAY behind the US and Europe.