4/07/09:
Tuesday A.M.
I will keep the short bias on many stocks and overall on the indexes. Individual stocks are much more extended than the indexes.
Short Watch: AAPL ADSK APOL(weak) EXPE FAST LAMR
With a gap down it may be alittle harder to get an early short. That's why I like a gap up on a stock that is extended. I may have to wait for the 1st lower high to short (like AAPL) or, if the indexes base for the 1st few bars short once we begin to break down.
Tuesday A.M.
I will keep the short bias on many stocks and overall on the indexes. Individual stocks are much more extended than the indexes.
Short Watch: AAPL ADSK APOL(weak) EXPE FAST LAMR
With a gap down it may be alittle harder to get an early short. That's why I like a gap up on a stock that is extended. I may have to wait for the 1st lower high to short (like AAPL) or, if the indexes base for the 1st few bars short once we begin to break down.