Real Time e-mini S&P Trading, plus contrarian commentary on all the markets, all the time
Monday, August 25, 2008
I just sold my long position in the E-minis at 1278.25 and am now flat. I don't like the fact that the market is showing weakness below Friday's daytime trading range which itself was a second lower top relative to the August 11 high. I am not bearish, but I do expect to reestablish this position at lower prices.