Know thyself, grasshoppa! We are all our own worst enemy when it comes to trading, that's why we need a methodology you can stick to. 

     

    All I know is, very few are short; and the top always coincides with the majority long and the tiny minority short. The market is running in the few willing to short; yet, guess what, the S&P is not meaningfully baove its Jan 6th high despite trying to launch for 4 weeks now...... That's a sign of distribution, IMO

    200MA normally cap bear market

    Posted by junkmaylbox on 9th of Jun 2009 at 12:01 am

    200MA normally cap bear market rallies. It's a good area to short, if one could stand volutility and the market's temporarily goes against one. No ultra shorts at this point, please! Greed ruins portfolios more than it builds them, on average.

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