Zeev's Turnips Patch-No Politics (ZEEV)

[shoreco]

>> Knew I should have been playing it to the long side. <<

I love to short, but days like this you need to be careful...

1. Low trin all day...

2. Positive tick ratio (high 1093 vs low -802)

3. Low Volume

I started the day long the small caps "ER2" (should have held to the close) but closed them for a nice profit around 11am and then I started to short those Dow peaks near the end of the day when they couldn't hold them for more than a tick. I did OK, but the crooks wouldn't let the "YM's" move $for$ with the Dow so I had to settle for smaller moves than were actually being traded on the index...

Notice the last few days where we were weak, those trins and ticks were horrible (unlike today)