Tuesday, May 3, 2011

Cover shorts.

4pm: Cover signal confirmed. The short position is now closed and I'm on the sideline. I expect some sort of bounce before any more downside. We'll see how it goes.

(My original post got too lengthy so I deleted it.)

2 comments:

  1. Enjoy your comments on Cobra's intraday Watering Hole. You're very generous to share this info w us.

    ReplyDelete
  2. Thanks for visiting and for the kind words. Come back often... As long as people keep visiting, I'll keep posting my signals. Unlike April, we're off to a good start this month w/ 1.5% in the bank after just 2 days.

    ReplyDelete