No New Short Positions For Tuesday’s Stock Market Session

Maybe, just maybe, I might know what I am doing when it comes to this stock market stuff. Just a random thought. All the BS out there about Dubai was driving some people to the edge of “we are ready to have a major correction.” I even heard some smart market investor who has made a lot of money was rumored to be fully in cash. Well, he must have forgotten how to read charts then. If that is the case, good for us, because I have not. There are some charts that are pretty ugly but when compared to the longs we have showing up with pretty green charts it is apparent I want to stay long in this market. When we get lower highs and lower lows, then and only then will I change my overall position on the market. I work with facts, not CNBC/thestreet.com/seekingalpha.com stories. SCHN WW MATK DBD BIG MFE NUVA MDC CHL and GME could all be future shorts but they are not now with the market still moving up.

new short positions: none

none

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