Edited by Tor, 06 August 2007 - 12:51 PM.
taking a small short out
Started by
Tor
, Aug 06 2007 12:49 PM
1 reply to this topic
#1
Tor
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Posted 06 August 2007 - 12:49 PM
Looking for more downside action, which I hope to add on if and when this position goes into profit.
current cash spx is 1440, so a stop loss order will be invoked at 1455 on this trade, but not yet decided on the time stop in this case. Keeping an open mind in this regard.
Notice how on the lasat decline the new lows made new lows, and also somethin like 10 out of 12 sectors went down and breadth was poor in the majority of those sectors? That is why i dont think the lows are in yet.
good trading.
Observer
The future is 90% present and 10% vision.
The future is 90% present and 10% vision.
#2
Tor
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- Traders-Talk User
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Member
Posted 06 August 2007 - 05:17 PM
stopped out and clearly wrong.
next trade.
Observer
The future is 90% present and 10% vision.
The future is 90% present and 10% vision.
