Be Careful What You Wish For.

It looks like I will get my chance to short the market tomorrow. Have a good night.

2 comments:

Anonymous said...

Re:
The date-

Markets should start their decline on Jan 26th.

Good luck.

1/14/2010 12:17:00 PM

The reason I chose the 26th? Originaly I was thinking the first week in Feb. or after earnings. But I think most people are planning for a pullback after earnings. Including the bullish of bulls. So they will be looking to beat everyone to the punch. I based it on the timing of last quarters earnings move and sequential pullback. We started earnings last quarter on Oct 13. Continued to rally til about the 22nd then the market fell off a cliff. I look for a greater move lower, maybe 7-9% then another big push higher. Write down the date January 26th we go down!

Tsachy Mishal said...

I think by next week.