Under the surface…

Leadership sectors already started pulling back as spotted by a href="http://xtrends.blogspot.com/2009/04/modified-p-index.html""Modified P"/a index.br /br /I have been short most of these leading sectors that constitutes "P". Except index short positions, the market already started moving in the direction this bear has been positioned for. br /br /a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="http://3.bp.blogspot.com/_ZdctlOEsqMQ/SfxihO4gnvI/AAAAAAAABno/vwuBGSJgrpg/s1600-h/DC_Capital_01+May.+02+10.04.gif"img style="cursor:pointer; cursor:hand;width: 400px; height: 264px;" src="http://3.bp.blogspot.com/_ZdctlOEsqMQ/SfxihO4gnvI/AAAAAAAABno/vwuBGSJgrpg/s400/DC_Capital_01+May.+02+10.04.gif" border="0" alt=""id="BLOGGER_PHOTO_ID_5331244381970145010" //abr /br /a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="http://3.bp.blogspot.com/_ZdctlOEsqMQ/Sfxfrq9KugI/AAAAAAAABnY/f9H5yLEoQQY/s1600-h/DC_Capital_02+May.+02+10.07.gif"img style="cursor:pointer; cursor:hand;width: 400px; height: 263px;" src="http://3.bp.blogspot.com/_ZdctlOEsqMQ/Sfxfrq9KugI/AAAAAAAABnY/f9H5yLEoQQY/s400/DC_Capital_02+May.+02+10.07.gif" border="0" alt=""id="BLOGGER_PHOTO_ID_5331241262769682946" //abr /br /a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="http://3.bp.blogspot.com/_ZdctlOEsqMQ/Sfxfr3SFfQI/AAAAAAAABng/fuRgXwSOJCU/s1600-h/DC_Capital_03+May.+02+10.09.gif"img style="cursor:pointer; cursor:hand;width: 298px; height: 400px;" src="http://3.bp.blogspot.com/_ZdctlOEsqMQ/Sfxfr3SFfQI/AAAAAAAABng/fuRgXwSOJCU/s400/DC_Capital_03+May.+02+10.09.gif" border="0" alt=""id="BLOGGER_PHOTO_ID_5331241266078645506" //adiv class="blogger-post-footer"img width='1' height='1' src='http://res1.blogblog.com/tracker/2192317321691025209-8662940292195590572?l=xtrends.blogspot.com'//div

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