Tuesday, February 1, 2011

Shorting This

Too much too fast.  I shorted on the ISM number and expect to see lower prices in the coming days. 

2 comments:

mike said...

Why short an uptrend day? The net advance-decline is 1750. My rule is anything above or below 1200 is a major trend day. Weakness below 1200 may indicate a reversal.

Petsamo said...

Maybe we're rallying because Obamacare is null & void.