Tuesday, January 26, 2010

exited shorts

am out of my shorts at 1085.will see how cash opens.hopefully it will not gap down too much.it should be some time before spx gets to 1145 even to 1125 levels will be difficult, but i am still in the camp that we have not seen the highs.at the moment i am looking on shorting on more weakness or on bounce from 1103-1110 kind of range.

any time now a bounce has to start.but a viable scalp maybe if cash opens flat, then short for 1085 levels again , just as intraday play.

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