Wednesday, April 30, 2008

Getting Short the Retail Holders.

The time has come to test the water here with the retail holders ticker RTH. Looks like a massive bear flag to me testing the upper bounds. I am getting short 1 unit here at $98.05 with a stop at $100.44

All this chatter of stimulus cheques and the like look to me like cover for the smart money to unload and even get short, so I am.

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