kaltbaum email

There is a reason I am playing light…market sucks…and breakouts are failing en masse. So why play?

If I had a dollar for every email asking me why not buy QIHU off its breakout…you get the hint. As of this second, QIHU right back down…same for SSYS,DDD and anything else that tries to stick its neck up.

 

Today…dow up 80…nasdaq down big as aapl crumbled…but russell also down and s&p barely up. I am hardly even tempted until I see some success…and yes…chalk up another distribution day for nasdaq/ndx.