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Got SHORT EOD RUT


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#1 viccarter

viccarter

    TRIN_Rida

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Posted 30 March 2012 - 04:22 PM

I would post some charts, I would give some reasons. But the truth is, I could give you a bunch of reasons to be short, and a bunch to be long. RUT daily MCO both below the 0 line curling down. SPX below 0 but looks turning up, but not predictive here. That's just one thing I'm looking at. This is more than a 15/45/hourly thesis, but my daily stuff is sort of in never-never land. In fact, this is an area where I don't normally swing trade. I realize Monday = 1st of the month. I realize this sounds undisciplined -- it is to a degree. But a good short is, by nature very hard to see. I know that I want to be short right now. I did not come into this morning wanting to be short. I posted on TT yesterday that I was not looking to short. What changed today? I'm not sure. In fairness, I said yesterday that I didn't have a good read on the market at that time. I know that I want to be short now. The market will show me quickly if I am wrong. GLTA