This move is really nice today. Glad to be short and RUT heavy. Market is NOT selling off on any news that wasn’t already in the market. Not the Jobless claims or home sales or any other of that bullshit. Its because the market was short term overbought and the shorts got fluffed out from 7-16-08 to 7-23-08. The fluffing may or may not be over, but this move is clearly technical. TWM is rolling, but I wish I was in my old favorite SRS or SKF which I mentioned last night

If you like this post, check these out too

• September 17, 2008 -- If Two Days Ago Was Great, Today Was Redunkulous
• August 12, 2008 -- Market Went Down Today ie Red/Negative, Not Green
• June 26, 2008 -- Market Dropped Big, I Don’t Care, I’m Short
• June 26, 2008 -- Well This Is Nice

Thanks for reading

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