Timer Digest Market Timing Commentary
Fari Hamzei
With Feb Options X this week and overall negative sentiment in every traders' mind, it is not a surprise that market participants have been dumping stocks on Fridays. This week is a slow economic news week which will make the popular stocks bleed further.
Be aware of expiration week reversals -- come Tuesday or Wednesday of the expiration week........till then stay short your core positions... we should see 11,700 on DJIA before the next dead cat bounce commences.
Cheers......