Wednesday, December 18, 2013

Taking Gains In URTY (IWM 3x long)

This is another long from the trading portfolio.

If I feel more comfortable with the asset in the days ahead, I may re-enter it. For now, I'm not very comfortable on a short term trading basis, especially with such negative charts so close by (10 min).

I WOULD NOT CALL THIS AN ENDORSEMENT OF AN IWM SHORT POSITION AS FAR AS TIMING RIGHT NOW.

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