red's mighty testosteroned tuesday, page-15

It's something to smirk about.

One week ago when the market was going down posters were calling for XJO 4500 and below, overall sentiment on the XJO thread was bearish.... the charts even looked bearish.

Now the market has put in a decent bounce and the charts are looking bullish again......... ohh the irony.

I'm still smirking.

I'd post a chart but I'm short the market and the charts look bullish, which makes me feel somewhat uncomfortable looking at them. The CYD indicator has yet to signal for me. I've made numerous trips to the bathroom to confirm.

While in the bathroom I used the 'squeeze the bullocks' (STB) indictor and felt a definite difference in size. Enough to suggests that this rally is just a short squeeze and we will presume trending down soon.

However after applying the 'do as I don't' (DAID) indicator it suggests more upside is ahead and that means I should exit my short positions....

And this is meant to be fun!