Yikes !
Started by
NAV
, May 10 2007 11:43 PM
2 replies to this topic
#1
NAV
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Posted 10 May 2007 - 11:43 PM
The Indian markets gap-down about 1.25% at the open. The wave 3 i was talking about yesterday ! It will beinteresting to see if the gap fills or not. If the gap fails to fill, it very bearish IMO and would qualify as a breakaway gap. Day ain't over yet !
#2
NAV
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Posted 11 May 2007 - 12:13 AM
Looking at the emerging markets, i am not getting a good feeling here. Flat is not a position here. Scaling back into YM shorts around 13270 (30% position). Will add more on any gap-up.
Edited by NAV, 11 May 2007 - 12:18 AM.
#3
jjc
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Posted 11 May 2007 - 05:21 AM
Looking at the emerging markets, i am not getting a good feeling here. Flat is not a position here. Scaling back into YM shorts around 13270 (30% position). Will add more on any gap-up.
When do you sleep?!!
