The 2015 and 2011 chart playbook is now underway (see posts below). Unfortunately I did not expect the current market to creep much higher than 2080 and of course (because the market will spread as much pain as possible) I had to trim my short position down somewhat as we broke above 2100. Downside is most likely around 2000 to 2020 before the obligatory Santa Rally, but we shall see. I have added a few names to my watch list for the 2015/16 January Effect portfolio. The names I am watching so far are SKUL - TUES - SCX - FHCO. I will add others soon.
Senior Manager, Paul Saad and Associates, LLC