If you had not shorted today, with Dow Jones currently at -203, there is a very high chance it will gap down tomorrow. Do take note that at 5:00pm today, Dow Jones futures is only less than -100, which means bears attacked stronger than expected. I will also be looking to take my profits off the table as Friday is Non-Farm Payroll, which means anything can happen. Can it gap lower? Of course. But it also can gap higher too. I rather enjoy my profits and will deploy my rested soldier for another battle the next time. One thing you may want to pay attention is bear flag. If you see a bear flag, that means your opportunity will be just around the corner. Remember, during the formation of the flag, the price will be small candle and drift higher with lower volume. That would be a good clue and letting you know to get ready. Not fire immediately, but get ready.

If you are in Capitaland shorts based on my email alert, just set a trailing stop or a break-even level. Remember, capital preservation is your up-most priority. Basically right now, you should not lose anymore.

For those that are looking to long SembMar, do remember the previous story about SIA giving out a 1.20 dividends. Even the dividends cannot even cover the capital loss. You have to ask yourself why “they” want to get out now especially when it is so close to XD when “they” will be paid for their shares, but choose to get out now…

Therefore, there will be no email alert out tonight as it is not that safe, but there are pocket of shortable counters if you can take the risk. And please don’t tell me that you will never short because you don’t know how. YOU are a business person. There is no such thing as “I don’t know” in this business. If one don’t know, then they will pay for it very expensively to the market.