Well, there's always tomorrow. Me thinks that the wonderful shorting opportunities we've enjoyed the past year are coming to a close. Time to pull out those "go long on pullback" strategies, eh?
Well, I hope some of you caught the full force of this 4-day wonder. Unusual to get this in July. Pattern in the past has been to sell off after earnings in July. We'll see what is in store.
so, RFT....how are these shorts working out for you? Has the whole proverbial "standing in front of a train" given you pause for thought?
There always are. Sometimes just takes a hell of a lot of patience. IMHO, this is the single biggest reason that so many who try trading, fail. It's in our nature to think we have to be hyper active in order to succeed, when often the best thing to do in trading, is nothing. And that's not easy.