Friday, March 19, 2010

Beating the Dead Horse....

I’m going to beat this dead horse a bit and continue to stress a point that is floating around the trading community. This “Melt Up” that we are having on the major indices is not sustainable by any degree, and the real kicker is that we are starting to develop a negative divergence. My short term bearishness has never been so dominate, but as the saying goes “never sell a dull market”.

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