Stocks are mixed to lower Monday, February 8 ^th, as the middle wave of {2}up is unfolding, a small degree wave {b}down move. This should be followed by a final wave {c}up to {2}up rally that ends mid-to-late this week. Then a nasty decline, wave {3}down of 3down should unfold. There are completed and confirmed small Head & Shoulders top patterns in the S&P 500 and Canada's TSX suggesting prices should drop at least 10 percent below where they sit now over the next few weeks. That said, shorts must be cautious about the president's working group's stimulus intervention in stock markets to support prices, or delay declines, so risk should be managed and the amount of capital at risk limited when taking positions.