Friday we traded down 150 and ended up 20
Monday we traded up 150 and ended down 20.....
The symmetrical, fractal irony of that is awesome....
But that won't mean we wont trade down 50 then retrace 100 pts and end the day flat.....
that would make me laugh...... Funny if we did that before the fed minutes...
I don't think we are waiting for any news.... this is just like a ticking time bomb.
I'm still in some favored materials names... but overweight cash... and heavily short.
Wednesday, February 20, 2008
for those who didn't realize it
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2 comments:
Symmetry and synchronicity.
Looking at FXP to open up with China dropping. If I can get in under $89...
Do you ever short individual stocks or just exchange ETF's?
sure... when I see opportunities.
the ETF's are a great opportunity though... especially double leveraged
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