Sunday, February 15, 2009

First Post

I still haven't figured out how I want to approach this blog, so I figured I would start with posting some ideas.


First, SRS has been building a nice base, and could be ready to go soon.



The Financials are on the verge of breaking down, and out of the range we've been in since November. This could spark an even bigger market breakdown, imo.



The RIFIN index is in a wedge/triangle that is barely resting above it's November lows, which were tested abouta month ago. Breaking to the downside of the wedge would put in a serious test and probable break of those lows,. .....FAZ would magnify that breakdown by 3x's to the upside, So I'll be watching that one.








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