Tuesday - What's Next?
Markets are becomong extremly volatile of late. Today (Tuesday) there were a number of very cautious sell signals. Mark Lebovit is now in cash (remember he is a short term trader), and as well Jack Crooks of Blackswan Global Investors is watching for an entry point to go short the SP500 index. His recomendation is to use SDS-NYSE to go 2X short the SP500. And of course EWI belivies we are on the edge of a huge down swing. For now have no charts to complement this trading position.