In the Rick’s Picks chat room, traders have been salivating over the prospect of shorting into a rally…any rally. I’d suggest reading my latest update for the E-Mini S&Ps before you take the plunge, however, since, from a technical standpoint, you’ll be bucking the odds. Seasonality is not exactly in bears’ favor either, and that’s why I’m advising caution to those of you who are eager to place big bets on the ‘Don’t Pass’. Just because there is no ‘good’ reason for this bull to keep chugging along, and a hundred great reasons to think stocks are ripe for a collapse, doesn’t necessarily the broad averages are a short sale at each and every step of the way higher.
