Danger...Stocks are sold out but not rallying

Months like Novemeber remind me why selling on the way up and holding to trend stops can keep you in the game. This tape is tough unless you are short. If you don’t like to short – like me, you need to do less. You need to reduce your size if you dip your toes and by strength (I was doing this yesterday). The strongest stocks are the last to get liquidated in bear markets and they will cut your balls off in one day.

Just hearing from some big traders that are all away from their desks.

No one seems interested in buying stocks here, yet stocks seem sold out.

The homebuilders did this kind of stuff and resolved the nothingness with more massive downside.

Stay in the Game. I see no reason to bet the farm here. in August, I really stepped up because of the speed and negativity. This tape just feels bored and mad.