Dow Jones Breaks 3 Month Trendline

With yesterday’s break by the Dow Jones of a 3 month trendline, we could see some very good selling over the next 5-7 days. Typically during the rally since the bottom, most correction type phases only last 10 days or less – so be cautious with your shorts. After that it would be back up for stocks – assuming everything else goes well with um – GREECE!