IMO I'd be very cautious on shorting right now. It looks a good idea on Monday, but Fed and Obama cannot afford more tanking in the US markets, nor can the world. Things are bad enough without them. The Dow could easily take off on Monday night. Also, while it's probable the All Ords will break below its 2009 uptrend at 4089 tomorrow morning, it may just overshoot and head back above it. If it does, and I'm hoping it will, it will be an extremely good sign, and one on which you should cover IMO... cheers
