Wednesday, May 20, 2009

What does colbert think about the market going up?

Just sitting here watching the 1 min charts with my favorite market crashing song playing in the background ...

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  1. What do you think here? hold short or cut losses?


  2. going to wait it out with current shorts. I do expect that we will do one more retracement potentially towards 907-912 tomorrow. Or just go straight back to 880-890.

    So I think I am staying put here as is. May long futures here as a hedge but probably not.