On 3/26, I was going fully loaded, so you have to call it a change of suit, unfortunately, that was a bad and premature call that had to be rescinded, at that time (and even on the reentry a week later), my indicators still pointed to 1930 as the the top, remember that turning bearish on 4/22 was "forced" due to failure (following the trend), rather than the early January withdrawal which was "anticipatory", or the recent turning back into the bear suit on May 15th, which was also anticipatory (and anticipated in advance), so, yes, I got to wear the badge of erring for that call. It will be inaccurate to state that I stayed bearish from 3/14 to 4/10, I was awaiting the spring rally just as I am now awaiting the Nassacre (g). All we got was a 100 points blip (g).
Zeev
Zeev |
