chimpmagnet
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- oscars videos are always good entertainment and quite informative (US based but europe follows US)
Interesting that OMNI decision was to short on Friday morning but the US market went up all on all counts.
Looking at the DOW charts we can see that this is the 4th attempt at 14,000 in the past few days. It has not yet broken through so the flat top is indeed forming and at each failed breakout it confirms further a move to the downside.
On the non-tech side we see negative sequester news starting to come in and further heavy insider selling (Google for example), again all notably bearish. Will be interesting to see where the market heads but I am holding a reasonable short on the DOW right now (and unfortunately on the DAX too, which I don't believe will see much of a fall this week).