Counting with Doug: Financing a trip to Lake Tahoe solely with blackjack winnings?

Short the market! — SPY

In Trades on 15 April 2010 with no comments

After five straight up days (and an RSI (2) over 98) I’ll try my hand at shorting the market on Tax Day by going short on 180 shares of SPY at $120.94. The biggest problem with this trade is that there is no well-defined stopping point to the melt-up on any recent charts, so expect this one to be a short-term trade if it doesn’t pan out:

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