It was a pretty lackluster day today. The market stayed in a very narrow range and closed slightly down in lower volume. I don’t know how much effect the AMEX technical problems had today, but it probably had a little to do with the dullness. Although I was 100% long coming into today I had a pretty good day largely thanks to AVCI. (I hate that SLAB got away from me for 2 straight days now… missed about a 15% move in that puppy.) I’m beginning to see a lot of stocks that appear to be having dead cat bounces. For the first time in a long while I have way more shorts than longs on my watchlist (MuckDog must be smiling). If they start triggering I may have to hit the ‘liquidate all’ button and start shorting.
