Wednesday, October 30, 2013

Red Flags

We just noticed a couple more Red Flags. The Dow Transport Index has pretty much peaked, Skew Index is at dangerously high levels, Volatility is at dangerously low levels, the holidays are coming up and portfolio managers need to lock in their bonuses, and The Nasdaq is at a "Trader's Must Take Profits" rule level. 

Only the greediest are left at the table -you know the old maxim:" Pigs get slaughtered". If you haven't made enough money in this market by now, you are doomed to losses.