kaltbaum email

During these times, I try not to confuse the issue and write too much. The bottom line is that the market is in a good corrective phase with a lot of blow-ups during earnings season…which in the past, has never been a good sign. So we sit back…keep our wits about us and relax…while most others are getting wacked.
 
I do want to short but we short into bounces…and we will get one. Market had a chance to bounce today and couldn’t even hold a small bounce. We may just get one soon as we head into month-end. Tomorrow is AAPL and AMZN…going to get interesting if one or both blow up.