"Whats NEXT"

As previously mentioned , we will take it week by week for the most part.
There are many sites and analysts who rant about what happened last week and how much $ they made;
BAhhh- Humbug Tell us WHATS NEXT, thats what traders want to read.

This week the best bet for a profitable trade seems to be on the SHORT side-
HOW and when?
IT's NOT going to be easy- IS IT EVER? , no, of course not.

Monday The MARKET should sell off . IT might NOT start off that way, but it would only give us an opp to add to our shorts.

Tuesday, HOWEVER has some positive influences that COULD provide a bounce- HOW HIGH? you ask- NO way to know. SO what should we DO? --- ACT defensive and take profits.
You can always get short again at the day's close.
I dont think we will see one soon, BUT WE dont want to get caught up in one to those 300 point rally days.
Tends to make us irritable and profitless.

NOTE
Just as the markets get overbot for long periods of time in a bull market run, they also get oversold and stay that way during extended corrections.
Thus the constant HIGH PC ratios

Im anticipating the BEST profits from MY short trade to occur on WED and Thursday till about 3PM.

Some are also projecting the week after as a continuation of the downtrend, but I HAVE SINCERE doubts about that.

The winner on the CNBC contest this week will probably be the person who lost the least $

More about next week, next weekend
All the best as always
Jay