Thursday, May 10, 2012

SMH

Short @ $32.63
Shorted Semi's just now....Don't believe anything the Longs are selling right now....markets still on precipous of a big break lower....I'll change my tune a bit if S&P can clear 1390-1400...until then the Bears are in control...rally today is pathetic...semi's & Trannies making new lows, up volume is horrific and down volume is increasing...the writing is still on the wall....Longs are not an acceptable place to be right now...

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