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Strategies & Market Trends : Ride the Tiger with CD -- Ignore unavailable to you. Want to Upgrade?

To: Rocket Red who wrote (157702)	5/8/2009 6:13:43 PM
From: SwampDogg	Read Replies (1) \| Respond to of 313156

Shorted some more The market is not making new highs and the volume is lower. Divergences galore as more leading stocks do not participate. This is getting thinner and thinner. $SPX may pop to 940-950 next week but the 800 target in the next couple of weeks still looks good. Take a look at INTC and CSCO today What about leading stocks like PG and KO on this rally? The $DOW is busted and the BK stocks that are rallying make no difference anymore as they are too low a price. Any rally without big stocks like those above is nothing but a short squeeze in garbage. It will come down quicker than it went up.