SSS - Short this Rally? Part 5

Published : November 29 2011 at 13:40 ET

It's not really clear whether the market is simply consolidating its gains from yesterday or ready to give it  up. Volume is up on the NYSE, but those indexes are up as well, while volume is running relatively flat on the NASDAQ. If you scalp a couple of points on the short side here you are probably doing well. The market still has a touch of buoyancy to it, so it's a bit iffy here. Gold is up on the day - a sign of QE to come. Patience is always don't be afraid to let the market rally if that's what it wants to do.

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