You would expect the Fast Money crew and various pundits to get more bullish on a 1% gap up and closing the day up 1%. But Fast Money was talking about taking profits and being range bound. That is usually not the sentiment I expect after a 1% up day after 2 weeks of a strong uptrend. I am cautious here on the short side, It will not be easy to make money being short. Any small pullback and I am out.
No comments:
Post a Comment