P
postman
Its the Monday after expiry for the Dow, I cant remember the last time it closed Down on that day.
I am not against some very quick trades after small plunges but for day+ trades don't see much point in going long yet. I think the trend on the Dax is still down and we could see an 11 print yet this week.
By all means go for 20 points on a bounce but for those ones I couldn't type fast enough as I will be in and out very quickly. What may happen this week is the US gets a dose of real selling and Dax will keep going down. $ still weak and € still holding up and since Dec lows € is up 12% so got to hurt those currency manipulating Germans.
Short Dow @533
I am holding Dow shorts from 21550s and 21560s wanted to add 21580s but wasn't near my desk.
If only I held onto shorts last week from 21670s, I would have felt slightly eased.
Did someone start adding Prozac to the water because the foruum trolls are being very quiet today.
Maybe I shouldn't poke sleeping bears.
Limit in to short Dow @540
Ha!
I see were both watching every twist and turn.
I've closed this dow position at 534.
Its going to be an UP day on the s&p and about -10 on the dow close.