As I struggled to go to sleep last night, being more long than short....
It occurred to me, that traders may be afraid to be short overnight, with the idea that the fed is going to come in and they will lose $10,000 over night.... or something.... so what they are doing is going short in the morning, covering... going long... Then selling(selling the long positions) again in the afternoon.....
WTF I went to take a shower, futures were up 30 then I come back we are down 33.
Thursday, January 17, 2008
Trading Thesis
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