Thursday, May 24, 2007

Don't cha know it

Today would turn out to be the day when things start to get ugly.

So....sold QLD, UWM

Bought QID, SDD, TWM...all short ETF's...including short semiconducters.

Defense, defense, defense....this could get pretty ugly.

The test now is how far will the major averages give way, and will major support areas hold...if not, I will swing into bear mode.

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