http://www.stockrake.com

Thats a big title for this post.

Seriously, todays action was, imo, a signal day. I agree with the Fast Money crew. If the market closes positive I can look to go long and if the market closes down or has some kind of big selloff that means we will get our “into October” slide. They didn’t say October slide, but they mildly implied it. I’m saying it though.
I like the slide scenario and am positioned for it. Short*