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[arbman]

I look at the leadership and I see a lot of laggards in growth, lots of energy leadership and breadth is not that great, but the trend is still up. In order to get a decent short, one needs a pretty steep price surge with lots of speculation while keeping the same less than ideal bullish structure. Then perhaps a good short trade may present itself. So far most declines either started slowly and accelerated after being oversold or simply dumped all in one day. Probably the only easy short was the one at the end of July and it reversed very violently after an 50 points dump, most moves came almost overnight. Anyway, not complaining, but I am just trying to say that those who stayed with the trend made money easier. Now there is 50-54 day cycle low due late next week. Maybe, but maybe we see higher for a day and a half before dumping for an easy short, otherwise more sideways grind... Best of luck...