Watch For The Falling Knife!

November 19th, 2009

Well, like I said last week – the markets are short term over-bought and due for a minor correction. Note the chart below. Clearly it’s a great day for Members and I as our shorts are picking up in speed.

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Today's Live Market Quotes & Charts

DJIA	10320.10	+50.63	+0.49%
NASDAQ	2200.01	+23.17	+1.06%
S&P 500	1090.10	+9.81	+0.90%
^TNX	2.63	+0.00	+0.00%
^XAU	186.41	+0.00	+0.00%
^XOI	976.22	+12.71	+1.32%
URE	44.65	+1.04	+2.38%
USO	33.39	+0.44	+1.34%
EEV	44.22	-0.17	-0.38%
ERY	50.18	-1.32	-2.56%
BGU	45.87	+1.30	+2.92%
TBT	31.96	+0.68	+2.17%
FAZ	14.50	-0.40	-2.68%
EEM	41.54	+0.07	+0.17%
XLF	14.22	+0.14	+0.99%
XLE	53.55	+0.44	+0.83%

09-02 16:02
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Watch For The Falling Knife!