Yes, we’re getting close, for sure. But you’ll need to check the archive for the precise location of a longstanding target that I’ve said looks very short-able. It’s a ‘whisper number’ that I’ve avoided drum-rolling publicly so that paying subscribers can have first crack at it. Keep in mind, though, that all of the potentially important tops I’ve signaled since this Mother of All Bear Rallies began four years ago have fallen, and odds are not exactly favorable that this pivot will prove to be The One. Still, I would be most surprised if it didn’t evince stopping power that is, if not decisive, at least noticeable. Since it is a ‘watched’ number that we are fixing to short, I’ll recommend doing so via camouflage. However, f I were to boldly lay out shorts at a particular price, using a tight stop, I’d short the pivot itself with a stop-loss exactly 2.00 points above it.
