Quote:
Originally Posted by Inspired
If you guys are long, be careful. Since we went down pretty fast, I am expecting a strong bounce this week and retest the 50MA and continue to go downwards.
Still holding 100% cash at the end of the day. No swing positions at all. Only day trading this market with the wild gap downs.
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No worries, haven't held an overnight in ages. But I played off the 1560 bottom today. It was a good play. shorted $VIX from high 21's into sub-20's.