Showing posts with label shorting Dow. Show all posts
Showing posts with label shorting Dow. Show all posts
Tuesday, 24 April 2007
Well, as I mentioned in my earlier post I managed to short the Dow at 12985 and got out at 12950 for a 35 plus which is good going by any day-trading standards! And I must admit my wishes for the Amazon.com to beat their estimates did happen and they surpassed the market expectation of 16c a share by a wide margin as they earned 26c per share - so this may encourage the bulls further to push the prices higher when the market reopens tomorrow, which would be good for those like myself who would like to open short positions at higher levels.
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shorting Dow
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