Contrariwise, Do you want to go into the weekend short if there's no agreement? Esp. if the odds are looking good that there will be one? I think prudent people will want to go into the weekend flat...question is, are traders short or long right now? So, which way will it move to get traders flat? Adam Oliensis
5 comments:
WHIP-SAW!!!!
How many traders will be willing to go long for the weekend without having anything passed by Congress?
Not many. There will be a sell-off today.
Rico
Toronto
Contrariwise, Do you want to go into the weekend short if there's no agreement? Esp. if the odds are looking good that there will be one?
I think prudent people will want to go into the weekend flat...question is, are traders short or long right now? So, which way will it move to get traders flat?
Adam Oliensis
Exit long at 1200.
Will look to reenter later...maybe
EDS
Likewise, how many will want to home short with the last two announcements occuring on a Sunday?
This tells me the market will chop and it is best to get in synch with the "chop" today.
DE
How many will be willing to hold short with a possible bailout deal over the weekend?
Boris
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