Holding shorts here. Will not add on margin.
The downtrend continues after the convinciing break of support on IWM.
A lot of air to that gap.
[attachment=24145:IWM.png]
Fully short r2k. And no problem holding this over the weekend
Started by
kinga200
, Feb 05 2016 03:34 PM
13 replies to this topic
#12
dougie
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Posted 09 February 2016 - 01:19 AM
I still think this is not going to compare to 2008 in the slightest. That was an epic bear market. 2000 was too, especially for the techs. I don't doubt a huge bear will come, but this might be one of those tinier bears. Some sectors have been in huge bear markets for a long time. That's why commodities might be an okay place to look to make money. But I think flattish from here wouldn't be out of the question for equities, while sectors rotate and whatnot.
Will 25% correction count for you?
#13
kinga200
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- TT Member+
- 594 posts
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Posted 09 February 2016 - 03:28 PM
Will add to shorts with margin if IWM closes below $96.12.
Will go to cash if IWM closes above $96.42
#14
kinga200
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- TT Member+
- 594 posts
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Posted 10 February 2016 - 03:31 PM
Added to shorts with full margin on r2k
