Saturday, April 4, 2026

January 8, 2009

Get Shorty

To everything - turn, turn, turn
There is a season - turn, turn, turn

-The Byrds

It is time to go short again.

The market has been inching higher on light volume.  Yesterday’s sell off is an ominous sign.  It is a tell for tomorrow’s economic numbers.  They will not be good.

It is time to ride the next wave lower.  I said I’d let you know when.  It’s time.

Peace


Categories: equities, short stocks, stocks, trading, volatility, volume, waves

3 Comments »

  • Thanks for alerting us. I knew it would turn at some point and your thoughts just confirmed my views based on the charts.

    Comment by Kurt — January 10, 2009 @ 9:47 am

  • [...] recently flagged the short entry. Discussing this decision with my collaborators at The Tinker Factory, our [...]

    Pingback by Game Theory | Trade the Picture — January 11, 2009 @ 2:34 pm

  • [...] Notice how the voting mechanism is working on this run up. The price is moving higher, but the vote, the volume, is weak. That’s the tell on my recent call. [...]

    Pingback by The Number of Believers | Trade the Picture — January 11, 2009 @ 10:17 pm

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