I'm holding on to the GOOG equity short as my risk there is 1.2% at $630, so even on a gap up I'm still around or below my 2% risk.
As for GOOG as it has developed through the day...
As GOOG approaches the intraday highs, the 1 min chart lead lower
2 min leads lower
3 min (as the progression should take place) leads lower
And the 15 min chart has a pretty big move for the timeframe today.
Most of all the risk level allows me room.
Is interest rates about to start going up?
-
Yes, I know - it does not make any sense - FED is about to cut
rates...but....real world interest rates are not always what FED wants it
to be.
5 years ago
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