http://www.stockrake.com

Holding Short in Rydex funds, long in my beta portfolio that will almost definitely swap to short on Friday at the close. That means I sell the longs at the close and put in orders to short at Monday’s opening price.

Weak consolidation on the NDX holding now underneath its H&S neckline. Dow double topped today with a decreasing MACD histogram. Tell tale signs that the market could make a slice through to new lows.

Beta system showing potential distribution days in Compx and NDX. SPX went on a buy yesterday, RUT went on a sell at todays close (RUT leads the market anyways these days), Dow close to sell signal, but still on a buy. BTK and OIX on buys.

Related Posts