[mongoose1969]

With markets heading back to 150 day ma's and MACD sell signal still intact, I've reopened short position by buying SPXU @ 30.91. Although US market's such as INDU and SPX rose above their 150 day ma's, world markets such as FTSE still below down-sloping 150 day ma's. Still looks bleak out there with possible escalation in the Middle East.

Hi Shaun,

I'm reading the book and looking through these threads. I wondered if you could clarify your statement. Does this mean that this really isn't the right time to be buying long on any positions? I'm still working through best settings and sites to screen for stocks that would be Stage 1 position, but it seems like even if some are found, we are best served sitting on the sidelines (unless we want to jump in with short positions). I'm going to hold off on learning about short positions until I can master long positions. One thing at a time