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Post# of 396422
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livermore4ever

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Alias Born 08/03/2004

livermore4ever

Re: None

Thursday, 08/12/2004 12:15:49 AM

Thursday, August 12, 2004 12:15:49 AM

Post# of 396422
SIRI, closing half of the short position

Hi !

Today I've closed half of my Short position. SIRI was near my main target at $2.00 and I have to make some profit taking.

The chart is usefull right now, because we can spot the third contact with the descending support:
http://globalspeculators.com/trading_futures/index.php?board=3.0

This new contact can be the reason of the intraday up-move on the end of the session, and we cannot forget that the first upside reference is 2.45...

I'm wainting for tomorow, in order to know what I'm gonna do with the rest of my short position...

best regards,

Jesse Livermore
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