Tuesday, July 2, 2013

Hold signals.

All systems remain short and I will continue to hold my short positions.  Just a reminder - markets close early tomorrow at 1pm ET.  Have a good evening! 

8 comments:

  1. I would really rather see a sharp rejection at the 50dma for this short to work but....you never know, tomorrow looks to be an up day lets see what it brings

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    1. Not without a lot of buying... futures were down quite a bit, now just off 0.5%

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    2. Wasn't able to post this am but as we are seeing when trading is thin it really doesn't take so much to move the market. Also there is like 5 billion in pomo today so......

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  2. Good numbers this morning... lets see how the market reacts...

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    1. What should be interesting to see is if we sell on whatever jobs report we get on Friday. Is a pattern developing of buy into these events only to sell off on the news?

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    2. Still makes the fall less painful since its starting from a higher level.

      I just see today as 4th jubilation... We'll see how Friday fares...

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