I must say I am quickly shifting from short term bullish, to short term bearish. Most indicies are nearing levels of resistance, and this ends up being two days now of indecision and still waiting for a short term directional confirmation. As I watch the market move slowly from positive to
negative, am am slowly closing out a few bullish trades, and entering bearish trades.
As of last night, I discussed bearish plays such as RHAT, AZO, WHR, and RYL. They each looklike decent potential set-ups, and I took positions in all but RHAT...still waiting for a better looking entry.
I'll post again after the close.