Posted by dodgerdog on 13th of May 2009 at 04:16 pm
It depends on your investment objectives and risk tolerance -
the 60 minute charts are now deeply oversold so it "may" produce a
bounce soon. You may consider taking partial profits and
keeping a stop in place on the balance.
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5 min TICK with SPX.png morphed into
Posted by matt on 13th of May 2009 at 03:53 pm
morphed into a clean channel
Based on this channel, would
Posted by twins on 13th of May 2009 at 03:57 pm
Based on this channel, would you think it would be reasonable to hold SDS overnight and sell it only if it breaks out of the channel on the upside?
Bob
It depends on your investment
Posted by dodgerdog on 13th of May 2009 at 04:16 pm
It depends on your investment objectives and risk tolerance - the 60 minute charts are now deeply oversold so it "may" produce a bounce soon. You may consider taking partial profits and keeping a stop in place on the balance.