9/26/2006

Market ripe for a fall

The party is over. Too much divergences, small caps are lagging big time. Market is creeping higher, no major thrusts or second set of breakouts or follow ups in stock. I am using current strength to liquidate. The quarter end mark up might be good time to move to cash. Not finding anything exciting now, milked all the opportunities in last 4-6 weeks. Positioning slowly in to low risk shorts. We might be headed for a major correction post the quarter end period.

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