Monday, October 22, 2012

Friday 10/19 - Markets hammered

Markets were hammered and sold off on Friday's session.  The Market action for several days prior to Friday offered many clues as to why a trader or an investor should stay away from the Markets and remain in cash.  Breadth numbers were relatively high on the sell off when compared to prior days. As of now, remain in cash.  If you are an experienced trader shorting opportunities are abound on any bounce.

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