When the DOW bottomed on April 14th I didn't like the set up on a couple of my indicators so I passed on the trade. There wasn't the flush like in the past. Besides I didn't see any crowd psychology posts pop up on a message board that I follow. It seems that was the thing to do as the markets have not rallied out of that low. I now have a position short the DOW. I don't take short trades but as IYB pointed out, there is a disconnect in the various averages that needs to be resolved.
Dave
April 14 low...
Started by
TrendChange
, May 06 2014 12:47 PM
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