Good morning all. Carried my shorts over the weekend and hope to "ride my profits" and not jump out too early. For instance, I was short on 7/26, but got out on 8/3 for a nice gain, but just before the down slope doubled over the following 5 days. Left some money on the table that time. It's always challenging in the heat of the moment. Gobs of support 1110 to 1120, if that fails then 1100, if that fails then ???. Any ideas?
Last edited by rhight on Fri Feb 17, 2012 11:39 am, edited 1 time in total.
Swing to Intermediate SPX Analysis - multiple time frame - Daily & 60 min time and price cycle analysis.
Usually trade SSO / SDS
the open. a little too stretched, so should be a rebound of some kind here.
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morning everyone. was away this weekend including friday, but followed on my phone from the road. glad i held my shorts, it's tough to manage a position from the road. i'm in the same boat as you bulltart, but am going to remain in wait and see mode before booking too early.