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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: marginmike who wrote (46583)	1/4/2006 10:51:46 AM
From: HairBall	Read Replies (1) \| Respond to of 306849

mm: Per my 1/2 email, I used the 1/3 AM to cover SPY & QQQQ short investment positions. I am beginning to re-establish short positions into this pop, as I am expecting some additional down before a low is in place. (Stops will be in the neighborhood of the recent highs.) Still holding a few swing trades... GLD still looks to me like it is in the process of establishing a short to medium-term top (double top now). Market should let us know for sure by the end of the week. LG