Tuesday, March 19, 2013

Covered short position 1537.50/Long 150% @ 1537.50

After reviewing market info after the bell, I believe there is a good chance we could a move towards /es 1553-1560 in the next 2-3 days. I will not necessarily hold this position for that long. If we break down tonight I will be stopped out and might have to re-short at lower prices. For now, it looks like a chance to take some profits and make a little $$$ overnight.

*This is only for the very short term. I still believe the intermediate term risk is heavily skewed to the downside*

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