By Tim Knight
I have 88 – – count ’em, 88 – – positions. All of them short, of course. One of my favorites, which I’ve mentioned so many times here, is EMB, the fund for emerging market bonds:
As I’ve suggested with the arrows, we are approaching key support. If we break it – whoop-de-doo! – – it’s breakdown time.
I don’t have any shorts that are bigger that this one.