Update... THE DOW!

Here is a update, had nice day today with few open shorts from over night. I'm thinking could have a bounce tomorrow if there isn't a follow through in the selling. Soon as we see a lower swing top then that will be the confirmation to short... This is a chart on the DOW JONES....



We have been similar to the April tops in that we tracked upwards with indicators in the overbought zone for an extended period of time. Again there are some significant dates and events that happened in October so if we get another rapid decline similar to the one preceding April will we get some great volatility and opportunities... i certainly think so.

The bigger picture for me is a sideways market for a extended period.

I recently sent my resume off to a few stockbroking firms and maybe soon i will be giving professional advice and learning a new side of the market. I'm excited for this challenge and feel i could bring my trading skills into this profession and make myself and all my clients some money in a hard market!

Anyway ill try get some more up this arvo or later in the week

:)