Please, read this article... says it all.
How To Get Wiped Out Trading
Remember that in 2008 market wiped out 4 years of gain in 2 weeks... when the market is pumped artificially long gains stays only on paper. And Obama and Bernanke are destroying american economy. I just don´t know if is on purpose, has they are doing EVERYTHING wrong or they are just incompetent.
IWM has a nice short entry @ this point. I am short since yesterday trought TZA.
After Sharp 2-Week Rally, Major Equity Indices Find Themselves At/Near
Potentially Crucial Trendline Resistance
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VIX last week breached late-December trendline support but remains above
the important 200-day. Concurrently, after a massive rally off the March 30
low, w...
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