Sunday 15 April 2012

I did it

The market recovered on Thursday and then fell on Friday. I bought more shorts as I planned. Now I wait to see if the slide will continue or if I have been suckered into a bear trap. No real way to tell until it happens.

The market held above that support line of 12880 for most of the Friday and only slipped in the last 30 minutes of trading. Perhaps this is a good sign for my position. Only time will tell. That waiting game again.

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