Friday, August 21, 2009

Today or sometime next week will mark as a top!

Some insider selling is witnessed in AMZN, MHS, STEC and looking at the tired nature of good-earning stocks and junk flying to moon, its obvious that this is not going to last long at all ... this party should be over in the next week or so.. Time to add to the existing short (painful positions) and keep adding atleast until we see a close above 1050 on $SPX, which is my stop loss point. A reversal today and a close near the lows or red would be very encouraging!


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