So far the market is rebounding well today, and will look to lighten up some of my positions as well, particularly in SSO where I have a huge chunk of my capital in (40%). I’ll probably sell 3/4 of that position today and take the nice profits in hand. Also, the Silver (SLV) play
As promised, I’ll still be providing you with daily trade setups (along with my daily trading plan) prior to the market open each day. Here are the Long and Short setups for today. (I need to come up with a more creative name for this particular post type!) LONG: Network Appliance (NTAP)
With the market range-bound over the past month, the bulls have been jerked around quite a bit by the bears- just when it looked like a breakout was imminent, we give up our gains to go back down to the lower end of the channel this market is trapped in. Without further describing it with