Wednesday, February 21, 2018

Holding the position

Yesterday we asked if there would be a test of the recent lows.  Tuesday's trading looked like the start of such an examination.

We didn't sell anything and remain at 100%  The futures this morning are mixed.

Being long we are hoping the indexes can close above the 50 day moving average and keep the rally rolling.  But, if the market breaks down we'll employ our sell rules and wait for better times.

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.