The panic/fear of investors from more write down, weakening of the U.S dollars and etc brings us more money when we short stocks that are involved with this type of dilemma. Such as C, MER and financial companies are the victims of these news. This might actually lead to a sell off on Friday. If there is negative news that leads to more fear and panic about the market, I am shorting Mer, AAPL, BIDU, etc. Probably going to Intraday trade this or hold it for a day or two.
Reason I haven't posted any play lately is because we all know that the market is unsteady right now and if people are using charts and technicals at this time, they must be careful.
Thursday, November 15, 2007
What is happening
Posted by
daytrader
at
11:00 PM
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