Don't buy the news!!!
Started by
orange
, Mar 18 2011 08:40 AM
2 replies to this topic
#1
orange
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Posted 18 March 2011 - 08:40 AM
This bounce is being fueled by good news. If you are looking to get swing short, NOW is the time to do so. I'm not seeing a trend up day here, I'm seeing a trend DOWN day!
"When your position is underwater, average down" - Professional Trader
#2
Islander
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Posted 18 March 2011 - 10:36 AM
The bonds are in agreement that this is not a rally for keeps.
Islander
#3
orange
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Posted 18 March 2011 - 02:56 PM
Closed out 2/3rd positions for +7 ES basis
Edited by orange, 18 March 2011 - 02:56 PM.
"When your position is underwater, average down" - Professional Trader
