Wednesday, August 15, 2007

INDICES HAVE CUT RECENT LOWS. GOING TO SHORT THE MARKET

Basically, the best thing to do right now is to move into cash. These last two rally attempts have failed and the market is in a correction. I have gone mostly into cash but am still holding onto CROX, OMCL, and BCSI.

One stock that I found to short today on a 7-20-55 day EMA cross is AINV.

Good luck staying in cash, but get ready to jump back in when your stocks give buy signals.
JD

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