Current market status: Uncertain
Today's Signal: Sell/Short
Previous Trade: Sell/Short (triggered 12/1)
Commentary
Hard to short the market when it has so much upward momentum. But I took a healthy short position at the close. Today's sell signal makes 2 in a row, and like I stated yesterday, that may be my plan for 2011. Sell longs on the first sell signal, then go short on the 2nd. Regarding the health of the market, I have conflicting indicators. This is a rare occurrence and should be resolved in the next few days, but for now I just labeled it as 'uncertain'. Cheers.
No comments:
Post a Comment