Monday, July 14, 2008

Dow Jones Industrials Update



As you know I've been short DIA for about a 7 weeks. I just wanted to update where my protective stop is which is right above last week's high.

I also feel there is a buying opportunity in the very near future and I have a list of ETFs and groups that I feel might be worth buying. I'll share this list with all of you if and when the market firms up a bit but for now I'm riding this downtrend.

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