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MarketMonk's Post

fwiw, I am short the YM contract, looks like it might continue last fridays momentum. Stop is at my entry, and could easily get hit.

posted in stocks on Dec 16 8:36pm


4 Replies:

I wish I would have held my short that I initiated in the late hours (PST) last Thursday at 13,630 as it is now trading 200 pts lower.

posted by MarketMonk in stocks on Dec 16 8:38pm

stopped out at BE

posted by MarketMonk in stocks on Dec 16 9:01pm

At least you were at BE - hopefully that means some bull sentiment that carries into tomorrow...

posted by DougSF in stocks on Dec 16 9:34pm

entered at 418, went 4 ticks against me, then it spiked down to 405 and snapped back. That's when I knew I was possible in trouble. It managed to rally back up to 418, hit my stop and now has drifted lower to 407. Still a good trade and stuck to my plan.

posted by MarketMonk in stocks on Dec 16 9:44pm



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