Monday, January 11, 2010

Shorts

Due to my bearish bias as a person, shorting can be hazardous to health, :)

After observation, it is best to short
1) after exuberance of 3-4days with signal taken below the previous day close and cutloss at high
2) reversal usually happen mon or tues, pull out any chart and just see the high or near the high to get my meaning, reason is simple or else how you get a black weekly bar
3) Worst day to initate short is on friday with reason above
4) Use a trendline to see as illustrated previous post

Let's see whether it works out as plan, straits will be experiement for shorts

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