Short Term Trading Member Forum

[pegwatcher]

Glen - LOL! To tell the truth, I am not totally commited to placing high stakes on the short side just yet. I covered half my short yesterday when that dip started to recover and I covered half of what I had left this morning shortly after the open. They are still aggressively buying the dips so we have to be careful until they throw in the towel; and I think they will but who knows when.

So I have been playing the volatility a bit (12 trades since aug 1st) but only on the short side as I feel the danger of a bombshell is high now. It could come from any of several quarters.