March 9th, 2010

Happy anniversary to the bulls since March 9th, 2009.

The market looks very tired at these levels.

March 8th, 2010

I will expect the market will double top this week.
Also I will expect the market will change direction to the downside from this week.

March 5th, 2010

Is this the blow off top that we need for the shorts?

March 4th, 2010

The last two trading days, the market had indecisive direction. It is just like the same pattern couple weeks ago when SPY was 104 to 106 range. Either today or tomorrow the market needs to close negativity for the market to roll over.

March 3rd, 2010

Sorry for the late post.

My manager is with me all morning.

I am watching the VIX closely. The VIX had a very strong support at 18 to 19 area. If it breaks below it, the market could go much higher from here. I believe that the VIX will bounce off that area again.

March 2nd, 2010

Something fishy about this rally.

I bought my last batch SPXU at 34.50.

March 1st, 2010

The market gapped higher this morning.

Watch how it closes that gap.