Today has been quite a fishing expedition. Since I last wrote, I've tried 3 stabs at long exposure in the DJIA futures. Stopped out twice, but the third time we hit and are riding that move now. You could tell that unless there were about to fold this boat and take it down hard, that area we were trading at when I last wrote should be the fuse area for a quick explosion higher. Now the question is can they hold and build on the squeeze a bit into the close.
I've not totally abandoned the idea of long exposure here as there's likely a trade in between the negativity bouts. I took some additional CERS long a bit ago making that size larger and actually trying a new position in AXA with a tight stop.
I've not totally abandoned the idea of long exposure here as there's likely a trade in between the negativity bouts. I took some additional CERS long a bit ago making that size larger and actually trying a new position in AXA with a tight stop.
0 Comments:
Post a Comment
Links to this post:
Create a Link
<< Home