To those who like to chastise me for having more than three or four positions, here's something to tick you off: I have 183 now. Zowie.
Oil looks like a great short.
I can't fathom what people were thinking when they said the S&P would blast up just as vigorously as we fell down. I think we're going to see 5,500 next year on the Dow. Whether or not we're going to get a multi-month rally between now and then isn't something I am sure about. For the moment, I am quite short, although I still have a little more than fifty bullish positions based on the strength of the chart.
