Short Notes: Net Market Negative

To reflect the fact that we have made small sales over the past several days we will lower our shortest term rating once again to NET MARKET NEGATIVE.  You can click here for a defnintion of that term.  That does not necessarily mean that we have become much more negative on the market.  We laid out our view most recently here, here  and here.  It does reflect that on balance we have taken some profits in our more aggressive strategies over the past several days.