There are no new short positions, making it two days in-a-row where we have no shorts on this market pullback. This is very unlike past pullbacks where shorts would continue to pop up as the selling went along. However, this selloff is on low volume and is not giving me any indication of turning into something worse. In fact, the swine flu creates the fearful environment for the market to rally into. It pays to really know your charts. That is all I am saying. I am watching NTRS, CLH, ESI, RCII, and BDX as future possible shorts if the rally does happen to run into a wall. I want to make sure I am ready to take action to profit from it.
new short positions:
none
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