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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives -- Ignore unavailable to you. Want to Upgrade?


To: Ontherise who wrote (35769)8/1/2012 10:36:52 AM
From: GROUND ZERO™  Read Replies (1) | Respond to of 220946
 
The only place I can think of for a logical stop is above yesterday's high if you're short, or below yesterday's low for those reverse ETF markets... also, it's important to realize that the FED is going to jolt these markets in both directions, so right now I have no stop, which I actually think is safe on a day like today... this is why I'm keeping my short position very light, i can't get hurt too badly just in case...

GZ