I noticed that the past couple of months. no matter what the circumstances were US equities were where to park your money, it seems that was a bad choice over the last few weeks.
I even sold my SPXS yesterday thinking there would be somewhat of a relief rally, nope...and since I sold its up another $1.00 go figure, the last few times I had the opportunity to sell and didn't it fell straight down 3-5% after, this time around I sell it and it jumps over 3%....not cool. Oh well Ill wait for the next 500 point upswing in the dow to add more shorts. I think this market is done with, the continuous up trend I believe is broken and will be broken for quite sometime
Actually we've broken so far so fast, that I'd bet good money that even the most bearish guys are long this stuff...It happened all the time back in 2007-08

