Very good article today in
James Kostohryz JUN 05, 2009 1:05 PM
I spent most of weekend by the pool, sunburns all over, I am even crankier than usual so, after bias disclosure I will let charts with DeMark indicators speak for themselves. You all know how to interpret and use signals, and most importantly you all most definitely know how to control risk.
Bias disclosure:
Long:
Dollar, $VIX, 10and 30 years bonds.
Short:
BAC Mortgage commercials (I am done with AIG "10 years of laughter" indeed), financial system, CEOs, British Pound, Euro, broad market and particularly technology, financials and all garbage floating on the surface due to dollar/commodities "this time it is different again" suckers play.
Don't forget to check back later tonight for new Discretionary Trader post.
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