Shorting again at 49.25. Again very risky as short can get blasted here so i am using extra tight stops. Target is 43.50 on this one if it goes my way that is.
Thanks AAA - have been licking my chops for the short side all morning. I am from UK so have been watching the market for about 4 hours now sitting on sidelines. I was reluctant to put on some day trade positions before the open because i was also short in my swing account. No longs in times like these unless we get a clear change of direction. If the markets tank today i wonder how they will open Monday, after Bubble Ben's bearish bank talk yesterday. All the slower MMs - how will they react Monday. All i know is that i want to keep my swing position on which is now heavily in the green into Monday unless we have a major direction change here. Otherwise stick with shorts until it is clear we have trend change. Also, note if we do have a trend change then long positions will offer some massive opportunities as many weak shorts get squeezed.
Seems to be selling off in a wedge like pattern or shorter term time frames. Want to see more of explosion of trend to the down side. Otherwise i think their might be some nice intraday opportunities to take a few points to the long side. Ideally i want see a bounce of 40 before getting interested in longs for a few scalps. On a side-note i think i am finally getting carpel tunnel syndrome - damn typing on this laptop and using 3 different mice is not feeling too comfortable. Left fingers been tingling a bit recently indicating some nerve compression. Anyone else ever get this? Anything tips to help avoid this?
I've had some discomfort in my hands before from using a mouse too much, nothing like tingling. My only advice to alleviate it is to cut back as much as possible on the use. It will go away. I know this is hard, but that's the only thing that will really work. I think that also make wrist braces that help.
Thanks for advice - i guess their are perks to this job and problems as well. I think i will try to avoid all use of the PCs over the weekend and get some kind of wrist support. This can't bode well for my boxing. I will try to find a way of getting rid of my other 2 mice and having and getting a universal mouse. I don't know if this is possible though will look into it.
http://reviews.cnet.com/Control_two_computers_with_one_keyboard_and_mouse/4660-10165_7-6663696.html It shows a free program, called synergy, to use one mouse and one keyboard for two computers. Seems fairly simple to set up.
Trying a short in the face of IHS. Short at 45.75 - tight stop. Very risky trade i know. Target will be test of low or 40.