Well, I do not quite trust the bulls to do the right thing and go lower. Not just yet. The scenario could be silver reaction upward, precious metals and commodity recovery to test breakdowns, but the pig makes a new high (Dow target 13,300?). I guess it's a day to day patience thing.
Here's the Tranny showing some mixed signals but above the moving averages. I am going to wait a bit before shorting much of anything. Now listen, this is not analysis; this is a guy thinking aloud on a blog.
http://www.biiwii.blogspot.com
http://www.biiwii.com
