Thursday, 12 April 2012

Short June 12 S&P@1371.50...continued_ Hedge fund short covering!!

Well, Now i hear over my squawk box that the recent spike in S&P is a large hedge fund short covering. Sod's law but i am still pleased with my recent trade. Nothing else on the horizon except the big downsloping fork at 1378 to 1380 However i do not like the strong long rnage up bars we have seen so far since the rally so i am undecided. Will post any trade or trade idea.

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