“As a dog returns to his vomit, so a fool repeats his folly”
[ an aphorism which appears in the Book of Proverbs in the Bible — Proverbs 26:11 (Hebrew: כְּ֭כֶלֶב שָׁ֣ב]
For those who missed shorting the past 5 to 7 days, shorting the opening rally seems to be in order–europe is up a bit–like here–but the bounce seems weak and tentative–but be careful–the boyz may pull back the opening surge to draw in some shorts and then take it up-after 6-7 days down the mkt. may be pretty o.s.–I think the inability to have any strong intra-day rallies the past 7 days & the inability to close anywhere near unchanged should not be taken lightly-all those H omens bunching up lately may just matter this time…also op-ex is Friday but I wouldn’t give it too much weight…whatever tax bill that passes will be good for only a 15 minutes rally.
Where all those cheery, brave buyers that were gonns buy any pullback?