Well ,The market (DJIA) has reached a very critical point. it is directly up against the dreaded 50-day moving average. This has been one of the best indicators for the strongest resistance during the last 3 months. This has been the place where The Computers that short the market make their stand. We call it the "Matrix Defensive Wall". This is were we will place our short. The Computers have been running the show and it would be extremely difficult to break this barrier; given the current fundamentals. Check emails for what we are playing.
It is The Computers vs. The Humans at this market juncture. We are just going with the odds. We put our stops in place for a small loss if the blockcade is overrun. There is no thinking in here- the computers will automatically pull us out. Emotionally we are nervous about a big market up-move; however, The Computers are running the show and we will let them dictate our strategy.
