more later...
You can make your life or you can break it - its very important to choose the right options!! Disclaimer : You should do your own homework and you are responsible for your own decisions. This blog is means for me to share my viewpoint and for my record-keeping. Remember,Market operates on FEAR, HOPE & GREED!! Lessons from 2009- "Buy early when others are still negative, and sell early when other are still positive".
Saturday, April 18, 2009
Time to go short heavy!!
I am not painting another 2008 v.20 crash again like some bloggers out there but a healthy sized pullabck s coming our way. 90% of stocks trading the big board are above their 50EMA and this is good enough indicator that is signalling to me that a pullback is imminent. I accumulated some put contracts on Indices and RTH and if the market continues its grind above, I am going to add more to my position.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment