Tuesday, March 30, 2010

Back to Flat

I have covered my short midday, I think I'll be able to short at higher prices tomorrow morning.  I am not interested in going long at this time, the complacency is just too high for a safe long at these prices.  From a pure price action perspective, the market is mixed.  It is showing flashes of weakness, but doesn't stay down for long.  I am bearish for tomorrow but bullish for Thursday, so it will be kind of tricky to play the next 2 days. 

2 comments:

iv said...

and i am very bearish for next monday..

Petsamo said...

In looking at SPX chart, a selloff is still possible tomorrow. I'm crossing my fingers.