IBM had 2 back to back hammer at the top at the last two days and today the low even broke yesterday’s low, so I decided to short IBM. What a nightmare it turned out to be. It’s not only frustrating, it’s infuriating. I’m cursed beyond doubt.
This is the daily charts of markets this morning. Everything is around .50% down and look ominously bearish. But I’ve told myself not to short indexes because of the effects of sector rotation.