Wednesday, March 18, 2009

AfterHour.12

  • The trade that I like for tomorrow is to short the market at the open. Even your neighbor's dog would tell you to take your profits here. So I feel rather comfortable being on the seller's side. However, this is a fast trade. Depending on the force of the selloff (if there is one), I may be out of it by midday. Second half of day is a toss up for me at this point because you can have either a more forceful resumption of selling after lunch or the market may prove to be more resistant to selling than expected.

No comments: