again, every trader has his or her own trading style and risk tolerance and regardless of one’s experience, should never follow another trader’s trades.  with that being said, i just wanted to affirm the fact that i expect the markets to break-down and usher in a new wave of selling very soon and as such, i have removed my three long hedges and added several new shorts this morning (those highlighted in the post below) to take me to a fully short position in my trading acct.  i will monitor the market closely for technical evidence that refutes my current analysis but based on many, many things that i see right now, i do believe that the risk/reward favors being short here.  for those that agree and are positioned as such, remember that there are very powerful and extremely motivated entities with very deep pockets that do not want to see this market break down. just make sure to limit your risk exposure in line with your comfort level just in case we do start selling off hard and they pull out the big guns to try and reverse a market slide before it builds irreversible momentum.