GS is already an equity short position that I'd like to add to on some strength, I think it will bounce and give us that chance-whether you want to play the bounce is up to you. I will- leave the short in place so the majority of the equity positions are in line with the primary trend (down) as well as providing a hedge vs the call positions.
GS 15 min is not only positive, but also has formed a bearish descending triangle that technical traders will short, especially if there is a break below support, even for a minute (long enough to trigger limit orders) and that is how Wall St. uses Technical Analysis against traders.
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.
6 years ago


No comments:
Post a Comment