Thursday, September 11, 2008

Short

I just shorted 1 unit of the December e-minis at my lower target price of 1230. The volume of the rally was ok but not really strong, so I am betting that the market will not show strength today above yesterday's close at 1234.

3 comments:

Unknown said...

What size of stop do you use (if any)?

Anonymous said...

carl
the pattern failed today
ill leave point 10 at todays low
yet timing still says wednesday is the cycle low . ill leave by saying we are close to a cycle low
and today may have been it.
if this mkt continues to break down
then 9708 on the dow becomes the next objected into early jan 2009
we are at critical juncture
joe

Anonymous said...

Hi Carl thank's to Italy . Where is your stoploss ??