1 reply to this topic

[89S10]

You said: I'm putting together a list of possible shorts. I plan on positioning in the morning. It'd be good to get up to 20 positions -- so far, up to 3. I assume you believe the shorts you pick will under perform the market. My question is, do you think the market will drop at all in the coming days and weeks? I guess it's a stupid question. Also, can someone add a comment to your Blog? I saw "Comments 0" after each post, but could not figure out how to add a comment.

[Jnavin]

I would allow comments on the blog, but so far have been unable to figure out how to do so. Anyone can email me at jnavin@gmail.com Yes, I believe SPX 1484 is resistance and that we'll open at about that level in the morning...could put a stick above that level and then close at or below it very easily. Even if it runs to SPX 1505, the specific shorts I'm selecting ought to stay below their buy-stop points. And if they don't, I'll probably short them again or something similar. I'm a swing trader, 3 to 8 days timeframe. Unless you're a pro, don't try this at home. Not investment advice.

Edited by Jnavin, 22 August 2007 - 08:43 PM.