11.29.2006

ROLLOVER


The signs of a market sell off were all apparent except for the market internals which continue to trade at a fairly bullish +1,600. The SOX, internets, brokers/GS were pretty convincing evidence that the market was going to give up much of this mornings gains.

However, since the internals continue to trade well and since it is the day before the end of the month I am going to try a long side entry on either the DJIA or SPX futures shortly. The PM's are not going to let these gains disappear this quickly.

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