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29-Nov-08
5 Days Up…5 Days Down?
Well I am back I am sorry for posting once a month.
Past 5 days we have had a huge rally but the volume has gone the complete oposite.
It seems like someone has been manipulating the market instead of this being a real rally.
S&P is still well within it’s downtrend channel that started back in september so This rally is another setup for failure. Notice the volume that I mentioned…
I dont have much to say other than I am short at the moment.
to see what my current holdings are, check out
http://www.covestor.com/mbr/albtrader
I hope everyone had a good thanksgiving and time to get back to work.
Posted at 19:50 in External Blog | Permalink | Comments () | Top
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