in the morning there will be some strength as suckers buy the market. Then About 30 minutes before the housing numbers (yes, there will be new housing numbers) you place a short position. As the market sells off you place your stop where the sell off began, at about 11-11:30 eastern, you cover half, then move your stop up to between where the sell off happened and the current position. Then you wait it out......
Wednesday, October 24, 2007
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