Thursday, July 9, 2009

$$ Shorting Day: Friday 7/10

$DTO, $SKF, $EEV, $SDS, $SRS, $QID and $VXX are all significantly overbought on the daily SMA3 RSI3 in the face of declining 50-day moving averages. On Friday, consider the Momentum Pinball strategy discussed below -- from the short side.

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