Sunday, August 23, 2015

The Picture says it all !

The selloff in the market last week caught everybody in surprise but not us. I've been saying for the last few month to build a short position selling the Dow from the highs of 18200. and as you my readers recall I was very firm and consistent in my view on that position. At this level at more than 2000 points below our entry price we can take huge profit as we entered the position way before the nerd.
The below picture is the story of the Blog and the position we took on shorting the Dow in the last few month. No better way to describe it.

Dow 15985: