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Monday, August 25, 2008

What are you doing???

I am not suggesting that you become a bear. However, I am suggesting that you have at least 10% of your portfolio in short and at least 20% in cash.

Does that look bullish?

See the rise in volume? See all the inverse ETF? Don't own SKF or TWM anymore, but wish I still did. Still own QID.

See the climb in OBV? It makes sense, doesn't it? Stock goes up, volume goes up.