Jump to content



Photo

STAYING OUT OF MARKET


  • Please log in to reply
No replies to this topic

#1 fluid

fluid

    Member

  • Traders-Talk User
  • 2,837 posts

Posted 27 January 2012 - 05:44 AM

I will likely be trading the short side after successfully operating on the long side in recent weeks as many readers and subscribers will have gathered. I am somewhat concerned about the gigantic head and shoulders pattern a forming on the market, not just the US, but olso the UK, and European markets. On the flip side utilities are weak. There is clearly an interest rate issue at play here, the conclusion of which I dont yet now, or am aware of.