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You Are Here: Home > Articles > Contributors > For Clarity's Sake

For Clarity's Sake
Nov 13, 2008

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Tim Knight

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My post-length is going to be comment-length today. Just to be clear, I haven't gone uber-bull on you. If you read Elliott Wave or Evil Speculator, you'll see the chances of a decent rally to about 960 or so on the S&P may be in the cards, but it would be the final nail in the coffin for the market as it collapses below the oft-cited triangle.


I am trimming shorts/puts selectively. I got my entire FXP profit blown to smithereens at the opening bell this morning, and I've only got one big bullish position - UWM - plus some nice-sized call positions on $RUT and OIH.

Anyway, you're still on Slope. Don't worry.

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FXP
C:12.75

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