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Decel

Registered: Dec 2006
Posts: 697

01-02-09 03:56 PM

I soooo want to short right now, but markets are irrational. I think I'll load up on some SDS if this keeps up.

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Lawrence Chan
DaytradingBias.com

Registered: Sep 2001
Posts: 5558

01-02-09 04:05 PM

All short term long side targets reached.

Not the normal ADU for sure as we are making new high into 11:00.

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Decel

Registered: Dec 2006
Posts: 697

01-02-09 04:06 PM

Short 913.25...

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ammo

Registered: Feb 2007
Posts: 18258

01-02-09 04:07 PM

with ya decel,sh 913,add 12

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temporary

Registered: Jul 2008
Posts: 8

01-02-09 04:18 PM

hm... would rather wait and watch than short. shorting strong trend days is a recipe for disaster, been there done that.

DAX is up 3 percent china ended up 4.4 percent higher

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Zodiac4u

Registered: Feb 2006
Posts: 319

01-02-09 04:26 PM

Quote from temporary:

hm... would rather wait and watch than short. shorting strong trend days is a recipe for disaster, been there done that.

DAX is up 3 percent china ended up 4.4 percent higher

There is nothing wrong with shorting strong trending markets as long as you are shorting the extreme levels and you are using tight stops.

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