Energy is coming down and the market is being led by the financials, when was the last time you heard that? Earlier I thought they may rollover but they seem waaaaayyyy to strong. If they rollover today I would be convinced the market was on the precipice of a 1000 down move in a hurry. In the meantime if you can’t beat em, join em, at least for now. I did well on the energy shorts, it happened very fast, I am now lightly shorting the rallies there. Funny, I usually short the rallies in the financials, today I am buying their dips. Things do change on a dime, don’t they?
A long way to go and anything can happen. Good luck. Things do look higher.