It looks like the stock market could falter this week with all this news around the corner. I personally think in the coming pull back, we could see the YM at around 10850. It's time this market could move. Just look at that pure rejection off of the 2010 highs on the dow. As the Russell 2000 is usually the leader, I am short that. This range we have been making lately has been consisted of strong mornings (gap ups) and weak days. If we have a weak morning, we could have some real follow through.
Open Positions:
Short 200 INTC @ 20.51
Short 50 IWM @ 69.74
Short 25 CAT @ 79.10
No comments:
Post a Comment