Market is up on extremely low volume. NYSE volume about 40% below the six month average, Nasdaq trading volume about 30% below the six month average.
Nothing at all is currently moving this market. It has all the appearances of a crash setting up. No recommendations have changed here. We remain short the market via index ETF’s.
1 Comments
May 12th, 2008 at 12:11 pm
Morning, Chuck…
What etf are you short the Market and what level
did RT buy at?
Thanks,
Noel