Thursday, September 1, 2011

($SPX, $SPY, $AAPL) Be forewarned amid the cheerleading over the past three trading days. (Again, interest rates (lower) and gold prices (higher) are usually warning signs.)
I am now in a market-neutral mode and looking to get short on any further strength.
Tech underperformance has got to be worrisome for the bulls.
I might be talking myself into a market short, but I am keying short term on the Nasdaq leader, Apple (AAPL), which has been underperforming all day.
AAPL might mean somethin' or nothin' at all (maybe it's just a little profit taking).-D.Kass

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