Friday, January 8, 2010

the air is starting to feel a bit thin up here

  • as mvw has suggested, i think the odds of a momentum blow off high are increasing...
  • some of the primary oscillators i look at are overbought, the major indices are trading toward the upper trend lines, and we are entering the traditionally weak mid january period, yet the the major indices continue to grind up...
  • a dangerous market for both shorts and longs...

No comments:

Post a Comment