More substantial support rests at about 1120ish.
Will look to piece out more short exposure on extended weakness. Will also look to add to my metals exposure should they continue weak as well.
position in SPX
Wednesday, November 23, 2011
Reducing Short Exposure
Tossed about 20% of my SPX short to the trading gods in respect of the move lower that we've seen. Technically, we're approaching what might be thought of as a 'minor' support level at 1160ish.
More substantial support rests at about 1120ish.
Will look to piece out more short exposure on extended weakness. Will also look to add to my metals exposure should they continue weak as well.
position in SPX
More substantial support rests at about 1120ish.
Will look to piece out more short exposure on extended weakness. Will also look to add to my metals exposure should they continue weak as well.
position in SPX
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