Tuesday, October 6, 2009

Shorting into this rally at S&P 1053

stop above recent highs (about 2% above) - this is a swing short



8 comments:

  1. this is basically to balance my specific long exposure elsewhere

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  2. and we are back to the late day bid magic

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  3. also, sold some RINO yesterday for those playing along at home. i still like it and own it but am worried about a overall market pullback

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  4. yet again money coming in after 3pm

    this is just like the spring

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  5. RINO filed a mixed shelf after hours

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  6. still in the short but hasn't played out to well as all i have done is hedge my gains away... but still in the wing short so we will see

    however, feels like the bulls will again take us to new 09 highs

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  7. dollar just keeps getting ripped and the equity markets can't get enough - at some point it will matter to the US markets

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  8. well we are gapping up right around my stop will see what happens early but prepared to cover and then look to reshort when the momo slows down

    right now i think shorts are so burned they just keep covering on top of themselves.

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