We are seeing what we view as the expected final rally of the rolling top and will be completing our short stock positions today. Update at 2:00 PM See a few facts that have come out today: http://seekingalpha.com/article/1684932-3-indicators-that-signaled-the-2007-top-theyre-back?source=email_rt_article_readmore
As the markets edge towards a decision point this month formidable names and issues are congregating on each side. Some like the expected new FED chair view the economy on the mend and markets to be on the verge of…Continue Reading →
We are refining and moving up the end date for the rolling top. We now see it ending in the last half of September and see the following pieces as a two part structure. Briefly, the market top is developing…Continue Reading →