Wednesday, December 14, 2005

What now?

MARKET OUTLOOK the year end powers that be want to keep their bonuses and
will continue to prop up this pig of a market in the face of $62 oil , $15
nat gas and a 13th fed tightening. the dollar got pounded after hours and
futures are down. i want to short on any strength with tight stops.


A chart from yesterday from before and after the fed announcement. The $Trin was decreasing all day coiling for an explosive move and we got one.

Fed day gameplan is always cover shorts before announcement, go long... wait 15 min , sell and go short.

1 comment:

Anonymous said...

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