If I had any room left, I would certainly consider opening or adding to an AAPL short here, the move up this morning reduces risk, it also creates the head fake scenario we see so often before reversals.
I filled out BIDU Friday (it was another expected to move up Friday afternoon), it's looking pretty bad here, but still well within a reasonable area to take advantage of the counter-trend move up for longer term core short positions, I'll bring you charts on BIDU next.
Is interest rates about to start going up?
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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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