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. 
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2 comments:

  1. mike2/01/2011 11:17:00 AM

    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.

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  2. Petsamo2/01/2011 01:07:00 PM

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

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