So what to do if my stop (935+) is not hit?
I can cover, take the loss and say: Thank You.
I can hedge using options or futures
I can just go home and pray that this was it and tomorrow market goes lower and bails me out
I can do a mix of all three above
Was a tough day, has been a tough week so far. Now, the question is: are there still shorts in the system to squeeze?
S&P 500 – May 15, 2012 - Bottom Line: Long term trend is up. Mid-term trend is down. Short-term trend is down Weekly S&P stage is Late Advance (2-C) Daily S&P stage is Strong Decli...
1 year ago