Suggested to score on defense the morning of the big rally(11/18), which happened to be the day of the General Motor’s IPO (see post here).  See below for an update of the price action since then.


500 index is nearing a “fine line of support!”  If long, I would want to harvest some positions on the break.  If looking to score on defense and you don’t own SH, would want to make sure you have some on a support break.

Game Plan…Stop on SH holdings, 1,211.

How The Recent Decline In Stocks Looks "Eerily" Like Major Bear Markets Of The Past