The IWM ETF is signaling to me that the top is officially ‘IN’. I don’t know why I did not notice this before, but I am glad I have noticed it now. This volume sell signal in the IWM ETF has just rocketed my confidence in the short side of the market with only 3 … Read more
I am keeping the BOT Short Signal right from the Open of sp500 today. Obviously it would have been better had I kept the signal intact of a few days ago instead of whipsawing myself several times over the last few days. But I guess that is life, welcome to the market. More details to … Read more
Ok well only an hour later I am seeing quite a different picture in the after hours session and after AAPL and IBM earnings are out. It looks like this is all come down to a few hours of market action and a few earnings numbers. Just a few hours in the afterhours session is … Read more
I am switching to a BOT Short Signal right now at 12:06 PM Eastern time at 1173.20 on the sp500. I am seeing some possible cracks in the foundation of the current uptrend and I think it is prudent to be cautious at this juncture. The NDX is hover right at its 2010 April highs … Read more
I just went through all of my previous postings back to mid August 2010 time frame and wanted to see if I can label the sp500 correction with BOT short, BOT long and BOT neutral signals based on what I was saying at the time in the postings. I did not want to go back … Read more