CL Redux

Quote from BCE:

I mentioned this the other day and I'll mention it again. Not that most people here need my advice, but I'd be careful about holding short positions over the weekend. Who knows what could happen? And if something did this would gap up big time on Sunday. Just a precautionary move. Just my 2 cents. As always we'll see what happens.
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Are you long?

I sense you are trying to create a short squeeze....

What's wrong with "holding short positions over the weekend"?
 
Quote from startraitor:

Short 108.21, stop 110.50, target 105.50-
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good thinking.

but then, nothing is for sure in this market, or any other market.

If it goes to 105, there is no reason to stop, it will probably go to 100. Algorithms selling is relentless......

Let the selling begin! I expect a big inventory buildup next week. Bulltards will learn how a bubble bursts.
 
Quote from beachhouse:



What's wrong with "holding short positions over the weekend"?
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In case there is some event such as military action with regard to Iran for instance. You can have short positions, but avoid leveraging up, imho.
 
Quote from BCE:

I mentioned this the other day and I'll mention it again. Not that most people here need my advice, but I'd be careful about holding short positions over the weekend. Who knows what could happen? And if something did this would gap up big time on Sunday. Just a precautionary move. Just my 2 cents. As always we'll see what happens.

ADD: On the other hand this does feel like it's getting a little tired here. We'll see. If DX bounces we'll probably get a pullback.
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+1 good advice
 
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