www.echovectorvest.com: Tuesday 25 October 2011 630PMEST : EchoVectorVEST DIA ETF: Shopping the Near-Term Top
EchoVectorVEST Times and Calls the Near-Term TOP
Application of the fulll net short at $118.75 (almost $119 level) on the DIA equivalency basis on major market, US equities.Subsequent removal of the full net short for re-application at $119 level after breakdown through of $118 if reversal comes and DIA regains $119 level was unecessary; the DIA never recovered intraday past the $118.40 level and continued its price descent.
ALSO, ON Friday, October 21, 2011...
Regarding American Major Market Equity Exposure, on a DOW30 Industrials and DIA Equivalency basis, both full net portfolio hedge insurance (this past Friday) and full net portfolio short (today, Tuesday) now in place.