Very succinct today. The futures are up evening after MSFT and GOOG earnings. I do not trust this rally. I am short NKE, because it could go down whether the rest of the market goes up or down. But I think tech is not through going down. It is as I explained earlier in the week, something doesn’t feel right. I wish I had a better technical reason, but I don’t, so do not start buying puts on the world. But do be careful about being long.


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