Sell into this bear market rally.
I’ve been saying this for a while now, but there is more downside to come, just look at the trend and the current economic situation. The market might continue to rally in the short term (the next few days or this week) but I would stair step sell into this rally. Also, any short positions could begin to be put back on the table (SKF) (SDS).
By the way I hit the Bullseye for Friday, calling this bear market rally.
Related posts:
- Detaching regulatory capital requirements from Mark to Market
- I’ve said it before and I’ll say it again. The decline still isn’t over and heres why I’m short the DJIA.
- Risk Aversion, Complacency, Mutual Funds, and the Status Quo market. (Repost)
- Mark To Market accounting Relaxed…has anything really changed?
