Flack: I too want to see the signs of a top, and don't know if we see it Tues, or later in week. If we dip tomorrow, then we can rally again Wed and/or Thurs, with Friday probably being a reversal day of the week's trend, which so far is up.
Would love to see some bearish divergences start showing up this wk, and of course, the lower high as you mentioned.
I, too, have a basket of techs that I may be shorting again, such as CIEN IDTI PCS BORL TRLY BEAS NTAP PMCS IMCL
Am also waiting for a setup to go long the yellers again.
Above is not a recommendation to buy or sell stocks.
Good trading,
Dr.Bob |