Friday, July 24, 2009

Market thoughts for July 24

**Warning to the Bears**

The top I was looking for in the 960's-970's area is "A top" and it may not be "The Top", so do be careful when you are trading put options and triple beta ETF's.

I will try my best to identify "The Top" to you when the time comes. Once the market tops out, you will have plenty of time to put on your trades so no need to take unnecessary risk and drawdowns to front run this market.
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