Wednesday, February 18, 2009

DoctorMad Update - Bears in control…

Hey, sometimes a good General speaks softly but carries a big old Howitzer to blow the bulls out of their trenchlines!
A very easy update tonight. The bulls never managed to organize a serious offensive and the bears have had another day to set up their defenses in the 800 trench and remain in full control. The SPX is now my primary window for following the bearish momentum. As long as this channel holds you can stay comfortably short.

- DoctorMad