Securities Research Services

Monday, June 04, 2007

Poor Set Ups Support Our Distrust

We continue to find reasons to hate this rally. Primarily the lack of decent set ups despite the fact that indices continue to squeeze short positions. If this market is really going to break higher, we would hope to start seeing good stock set ups. They are few and far between right now, which has in the past been a warning sign that has been very painful to those who ignored it.

No comments: