Wednesday, November 12, 2014

No Bears Left, Let's Get Short

Indexes stalling here with extremely low volume at record highs.  Not good.  Russian invasion of Ukraine an event markets will have to sort out but the global impact on financial world is a negative no matter what the Fed does.   Oil price declines are meaningless unless they go to 100 per barrel.   New power structure in Washington meaningless as always.

Takes big balls to get short this market after the straight up move of last three weeks. Ran over every bear that ever lived.  As stated earlier posts, if you are a manager with great returns and not just a long zombie, you should have been out before now.  There is no room left on the ledge for bears so, lets get short.   Best prices ever to do it.