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welcome2work (< 20)

shorting the market

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October 16, 2008 – Comments (1) | RELATED TICKERS: SCC , DXD , DIG

I bought lots of shorts this morning.  I'm losing cause market recovered.  It should be ok though cause I'm a bear overall.  The market will go all the way to 7200 eventually maybe more.  The high level resistance I have is 9600 & low level resistance around 8200. 

1 Comments – Post Your Own

#1) On October 16, 2008 at 2:32 PM, russiangambit (29.92) wrote:

You are shorting now instead of last week? Now, when VIX is at 80? I kind of agree with resistance at around 10K, but 8K?

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