Just a bounce?

Hard to tell if today was anything more than just a relief bounce after all the selling we had this week.  I put on a SH position at the close of trading today.  I have exposure to long positions, and the SH will serve to protect against a gap down open Monday morning.  If we get more selling on Monday, my stops are in place to limit the downside risk.

Check back this weekend for a series of videos analyzing the market situation and some strategy for the coming week.

 

Leave a Reply