Monday, March 16, 2009

Short ES @ 669.75


Starting a position here as per suggested...Market is really slow today with an underline Bid with the Transports and Broker dealers up very strongly. Caution has to be issued on the strength of these two averages as its a great One -Two punch of clarity to the over all trend. The Put/Call is a very low number which I feel will cause some short term whips to the downside. Goldman seems also to be breaking down intra day on trend line.

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