NYSE short interest recently set an alltime high. one of the things that make it difficult (but certainly not impossible) to get sustained selling in this market is because SO many people are short. you rarely see tops, or near tops, with record levels of short interest. we have had a nice double top. and everybody and their mother KNOWS its a double top i'm neither a bull nor a bear. i play the tape, i use portfolio hedging, etc.
Predictions like this ruin ET! The DOW was up 90 points. You missed it by 30 points... Just kidding. Good call.