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northam43

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northam43

Re: husk post# 3686

Wednesday, 09/14/2005 3:06:15 PM

Wednesday, September 14, 2005 3:06:15 PM

Post# of 79025
Husk - I sold my long positions on 6 Sep (Yes a little early) and started easing into the short side which as of 12 Sep I am 35% short. If the market closes at it's lows today. I myself would take a long position to hedge against any possible upside. Why take a short position today, when you could probably get it at a better price tomorrow. The odds are the market will be up tomorrow. The RSI(5) is 42.1. Why would you buy short with the RSI(5)at almost an oversold indication.


Good Trades!

Lindy

JMHO, Lindy
"Buy low, Sell high, stay with your system. If your system breaks fix it."


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