Building shorts again. This is not a day trade. Shorted 50% here at SPX 1400. Will add more at SPX 1412, if we get there. Will post the stop later.
Swing trade
Started by
NAV
, Apr 28 2008 02:34 PM
3 replies to this topic
#2
A-ha
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Posted 28 April 2008 - 02:42 PM
Thanks for letting us know NAV. While you think about the stop, do you have a target for the trade?
#3
NAV
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Posted 28 April 2008 - 02:49 PM
Thanks for letting us know NAV. While you think about the stop, do you have a target for the trade?
A bit early to project that, until my daily rolls over. Assuming my daily rolls over, i would expect a drop of 40-60 SPX points.
#4
arbman
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Posted 28 April 2008 - 04:42 PM
Overall very unhealthy market action today for an up day.
Definitely building a terminal here, I hope we get some upside tomorrow with the same internals...
(edit: actually large caps closed flat so the breadth is more like average)
Definitely building a terminal here, I hope we get some upside tomorrow with the same internals...
(edit: actually large caps closed flat so the breadth is more like average)
Edited by arbman, 28 April 2008 - 04:47 PM.
