Tuesday, March 24, 2009

You are thinking to short again?

Here you go again, still thinking of shorting? Hmmm...Im totally neutral on the market, tomorrow Congress is going to unveil their budget.

If you went short into the close you are just guessing...IMO. Certainly not my kind style of trading....lol.

There is still support at 79.6 - 80.6. If this is broken then you can go short until we reach the next level of support at 76.98.



I do hope you won't let minor pullbacks fool you! The more you short the higher the bulls can prop the indexes higher...Take my word for it.

Tomorrow, I will be looking forward to the EIA report.

Watchlist:
GS, XOM, OIH, JPM, WFC

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