EXM long 15.50. Market feels toppy so I am wary of the trade.
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Market Calls
- Thread starter inandlong
- Start date
Shorted YM at 10521
Stop is at 10544
Stop is at 10544
Shorted the living shit out of USG when the asbestos bill passed, and think there's alot more downside to come today and tommorow.
Looks like they loved taking out my stop.
Quote from Rearden Metal:
Shorted the living shit out of USG when the asbestos bill passed, and think there's alot more downside to come today and tommorow.
While this trade worked out well today, and I got out of most of it at the close, I'm not as comfortable holding the rest tommorow as I was a few hours ago. Reason: the news isn't all good, the bill isn't exactly a done deal, and the the drama isn't quite over. I'll be pretty quick to cover the rest tommorow, unless the stock shows nothing but weakness.
PG and TD nice consolidation on weekly charts. (I posted them into another forum and here).