claydoctor

Nasdaq double top, Green, Blue, Red, now Blue, Green, Red

Short
NASDAQ:IXIC   Nasdaq Composite Index
2
last correction it was Green (IYR) first to top out, then transports - blue (IYT), then the general markets. This time first to top was transports, then real estate, now the markets to follow. Say what you want, listen to the noise, try to convince yourself otherwise, this part is over. The lights are dimming. Risk on, Greece solution in sight at least to once again kick the can yet again, right! (NOT) But even the most dovish person has to admit, anything that goes wrong could be the first shot across the bow, like an avalanche, waiting for that one small shock to start the snow falling. Just pick a card, any card. The extreme low vol (VIX), with high volume risk events possible is the key for me.
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