Dead Cat Bounces

Discussion in 'Trading' started by Short2Kill, Aug 7, 2008.

  1. Hello traders,

    I am new to this site but have been reading some of the threads on here for a couple months. I started shorting this rally two days ago. I averaged in on some shorts but covered most for now. These sharp rallies make for good short entries until that changes I will stay on short side. I am thinking we maybe in a range for now 2300-2400 area NAZ. For now my plan is short near 2380-2400 cover around 2300. Lighting my position as we get deeper into August. Well good luck everyone.