Pascal
05-13-2014, 01:10 PM
The same way that I have used XLK's positive divergence last Friday to buy tech stocks, I am using the negative divergence to sell them today.
This market is really tricky. Money moved back into Treasuries and the easy part of the two days bounce is now history. If we bounce this afternoon on a weak MF, I will open short positions.
My idea is to short XLF (or FAS)
Pascal
23952
This market is really tricky. Money moved back into Treasuries and the easy part of the two days bounce is now history. If we bounce this afternoon on a weak MF, I will open short positions.
My idea is to short XLF (or FAS)
Pascal
23952