Load up the shorts: the next leg down has started
Time to close up any long positions you have and start thinking about getting short. The bear market rally is ending. I thought it might run long enough for goldman to issue its new share offering (tuesday?) but looks like we are headed back down again.
I added green-thumbed 25 ultra shorts and red-thumbed 25 ultra longs this weekend.
Can't wait to see Cramer try to explain how wrong he was.