wednesday - bio's confirmed shorting, page-8

  1. 1,850 Posts.
    nobody likes to see anyone loose money ..in fact it would great if everyone could win ..some agressive buying in the early part of the night session blew me out of all but one of my shorts ..because i was anxious but as I said i was'nt going to loose .... never the less we made traget and better getting down to the support at the 3680 level..the market never looked like getting above the 3760 level and holding all week so the downside was in favor ..my crb index/xjo calculation had the xjo @ 3724 yesterday .so it traded at a premium ...and (CRB) was again down 1,5% last nitght giving us 3668...if there's no sell off on the index today I'll be very surprised ..it's an important level here for the Spi ..
    if we keep going down the rally will be all but completly snuffed out ..I hope the investors lock in some profits ..
    yesterday i had a bid on the low @ 3728 ,.but did'nt get set ..I changed to a short bias later ...to be selling rallies ..i'm looking to sell rallies today ..
 
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