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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: robert b furman who wrote (93060)8/2/2011 4:52:11 PM
From: GROUND ZERO™  Respond to of 94695
 
Who knows about tomorrow, but I think you may be right, a real puker for the bulls... I dumped all my QQQ's also with a very manageable loss, still short the SPs'... I don't like being short right here but my model is smarter than I am... frankly, the market can easily crash from here, there's no telling how low it could go... I will say this, this is the first time I've seen the SP not respond to a major downside VP, this is very telling of a severely weak market... if so, then this market still has a very long way to go downward, and any rally will definitely be muted with selling...

GZ