avka81
Short

Chart Speaks For Itself.

TVC:IXIC   NASDAQ Composite Index
We are at beginning of a global slowdown or meltdown (I call it a MAXED out on Debt). Italy is in rescission and probably most of EU will follow. You can push unlimited amount of debt on to Corporations, Governments and Ordinary Citizens but everyone has a limit how much they can handle. Let see if the FOMO crowd who bought back in September and January will be getting a Margin call soon. They are late to the party. How fast will it fall?
Happy V Day! Just wondering, are you still holding on to your shorts? I've been holding on to my shorts now for a few weeks and I'm getting slammed. My fear is that as soon as I let go of my shorts, that's when the market will reverse. Thoughts?
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avka81 SecretCove
@SecretCove, Happy V Day. Yes, I still haven't closed my shorts. I strongly believe it was a Bear Market Rally. The bounce went a lot higher than my Target. Should have waited for a confirmation. If your shorts are not time sensitive then hold it. We are almost there. Friday the 15th should be a down day and three day weekend should put some pressure on stocks @ Tuesday open. We are going to test or overshoot December lows in the next 3 weeks. Probably another bounce after and then we will get that waterfall sell-off(same as we had back in 2008, if you compare both times on S&P 500 its pretty close)
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