Monday, October 3, 2011

Trader Update -data point 3 October 2011-

Trader Update:

Hedged *1378

...with market internals a sea of red and sentiment at extreme Lows, the SPX 500 *1103 bull/bear battle in full swing

...prepare to bungi jump on a Close below *1103 - other than that a mild intraday violation is acceptable - and yes there are those bear traps to consider

...not being caught in the middle may be the correct strategy here - or risk a long Trade with a sensible stop

Kind Regards 

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