jrashaadtrades

Bears Clamping Down

Short
SP:SPX   S&P 500 Index
Regardless of what market Bulls are predicting, it appears as if we're entering at least a range if not a preliminary market downturn. Every day that the market has closed up since February 5th's "flash crash" my inbox is flooded with "see-we-told-you-so" messages by bullish commentators touting the impending market surge. Every day that the market is down the same commentators slightly change their tune, praising the benefit of market corrections or exhorting investors to "ignore" the "doomsayers" and stay the proverbial course. I think a better way is to just read the chart and allow the market to reflect the underlying sentiment.

But, what do I know...

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