I have added to my short position and expect that we have reached the apex of optimism for this move up with the Obama tax cut plan. I am expecting some chop between 1216 and 1234 over the next few days and then a move down to 1196.
I don't see how we are going below 1200. Given your track record over the last few wks, I don't know how you can feel confident about adding to your short.
I don't see how we are going below 1200. Given your track record over the last few wks, I don't know how you can feel confident about adding to your short.
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