Friday, November 12, 2010
Looking to Sell
We need to sell any strength in the first hour as I see a bloody second half of the day today. No one will want to take home overnight weekend risk and that will be reflected in the selling after the first 90 minutes. We could have a slight rally in the first hour and I will use that opportunity to get short. The markets are getting nervous, and dips aren't going to bought as aggressively as the past 2 days.
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1 comment:
Europe is sitting too high relative to where Japan, Hang Seng, & India finished. Europe closes 1 hour after the opening bell.
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