Wednesday, October 12, 2011

Hold confirmed.

Not the most ideal start for this (healthy) short trade... let's give it a few days and see where we're at. Have a good evening.
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4 comments:

  1. JoeOctober 12, 2011 at 9:36 PM

    That was a major drop off. Might just be the start of your short position.

    ReplyDelete
  2. JamesOctober 13, 2011 at 9:56 AM

    So far we have an island reversal going, which is quite rare and bearish. Last occurred July 6-8, 2011 but before that was back in '95.

    SPX lost 50+ points last time...bottom occurred July 18.

    ReplyDelete
  3. MicheleOctober 13, 2011 at 12:15 PM

    Yep, looks like today's the right track *and* the right train :-)

    ReplyDelete
  4. jtthompOctober 13, 2011 at 3:28 PM

    There went the island reversal.

    Also, I think it's still the right track and the right train. Except the train is a little off schedule.

    ReplyDelete

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