This morning I was a little disappointed to enter my chat room and see some members discussing how they expected the market to pullback today and be a down session. While thinking this and actually acting on it are two totally different things, I want to remind everyone that the best traders NEVER EVER anticipate the future. They play the now, prepare for all conditions to occur up or down, and stay far away from their own personal opinions on the market. This market is still in a very strong uptrend and I discourage anyone from hedging with ETFs or any such ridiculous trade. Let the individual stocks tell you what to do. Don’t get too smart for your own darn good. There were a few stocks that showed signs of death out there today that could be future shorts and since we will not have any new shorts for a little while I might as well post them and let you try to see what I see. DAI, ATHN, KLAC, LRCX, and VSEA.
new short positions: none
none
