I shorted retail on the morning stregnth.....
but..... I just started a long trade... We may have a reversal or small reversal.
I'm not into charts right now.....
Monday, August 25, 2008
bad case of the mondays...
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6 comments:
Not into charts? Sacriledge!
So what are you doing? :) Just surfing the news?
I have a shit load of charts I'm staring at, that don't say anything good... Neutral at best...
I just don't want to post any...
I'm thinking the U.S. Open today...
Bloomberg was getting to me, they were pointing to a spike months ago in libor, and forgot that. that spike was when the BBA, started cracking down on banks that were Lying.
So the way it's counted was changed, and not the spread.
Well, when you can't trust Bloomberg...
But seriously, I think there's so much news 24/7, journalists don't have the time to research anything. What they do is not *always* with bad intent.
I have no idea what to do this week (with the stocks).
sell any rally in retail or tech....
that is my plan.
Down 250 is too much to suspect any segnificant rally this week... Maybe neutral motion...
I just bought QLD, and I want out already!
Will hold retail shorts, thanks.
the R2k is very weak.
keep an eye on oil
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