bearish

    SPX Daily = Hammer

    Posted by dallassteve on 15th of Mar 2011 at 04:10 pm

    We need follow through to confirm the hammer.  I'm going to wait and see.  Covered some of my shorts today, kept others (PSQ, VXX).  Did not add any positions.

    Market has corrected quite a bit.  Let's see what tomorrow brings.

    I am starting to appreciate what an art shorting is.   

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