Today the bulls gave us the perfect opportunity to add to our short position on the SPY. If you haven’t been following this trade, here’s the link to the previous update (The original pick was made on Twitter)

  1. Stock Pick Update: Short The SPY 2-23-2009

I believe today’s action is going to turn out to be a bull trap, and I talk about what that means in todays trading video. Check it out

spy index short updated 2-24-2009
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