kaltbaum email

KORS broke 50 day…and that’s that. The last of the leaders basically gone. Market getting really bearish and the only thing left to do is wait for bounces to short. Feel good in knowing we played it tight for the right reasons in past weeks…and lost very little capital. Service in 100% cash…and relaxing. Will have a much bigger report over weekend. There may not be a report tomorrow morning as I have a few meetings.