I initiated a short on the spx yesterday at the close. I hope it
is the beginning of a good sized position. My stop is quite tight
on this first batch. It's a little like top picking but my risk is
pathetically low. If we break near term support I'll add to it. If
it makes another divergent high, then the roll over will be that
much nicer.
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AUY GG
Posted by rbreese on 18th of Nov 2009 at 01:07 pm
Bought back some AUY 13.13 GG 43.53. Still short over all.
I initiated a short on
Posted by cal1 on 18th of Nov 2009 at 05:32 pm
I initiated a short on the spx yesterday at the close. I hope it is the beginning of a good sized position. My stop is quite tight on this first batch. It's a little like top picking but my risk is pathetically low. If we break near term support I'll add to it. If it makes another divergent high, then the roll over will be that much nicer.