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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 660.08

-0.8%

Nov 18 4:00 PM EST

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To: stockycd who wrote (36615)	1/4/2000 5:03:00 PM
From: Cathedra	Read Replies (1) of 99985

Alright, I will come clean. I shared L3_aka_L3's pain. I shorted the rally yesterday afternoon, fully expecting a failed retest of day highs. What a surprise when I checked my portfolio last night!! Like you, I covered almost all of my shorts today and will wait to short future rallies (before eventually going long). But I hope I'll have a better attitude: either be disciplined (and leave some money on the table) or be patient (but not grumble at temporary setbacks).

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