[Long or Short?] Sept 30 - Oct 4
Hi, Guys!
Welcome back!
Well, the market is not stabilized and won't move a lot to up.
My indicators show that it is going to keep dropping as bearish.
As I mentioned on last comment I sold all ETF/SPX stocks.
I'm currently waiting for another entries.
Of course it will take at least 2-3 weeks more to get into it again.
Also dividend fund is tempting to buy those stocks, but I wouldn't get in.
So what I want to say it,
If you are into margin/future market shorting would be nicer than longing.
If you are into regular market, the neutral position would be better or just leave it around few weeks and enjoy your day :)
Hope it helps you guys for sharing current idea of mine.
Have a good week and see you on next week!
Later!
Welcome back!
Well, the market is not stabilized and won't move a lot to up.
My indicators show that it is going to keep dropping as bearish.
As I mentioned on last comment I sold all ETF/SPX stocks.
I'm currently waiting for another entries.
Of course it will take at least 2-3 weeks more to get into it again.
Also dividend fund is tempting to buy those stocks, but I wouldn't get in.
So what I want to say it,
If you are into margin/future market shorting would be nicer than longing.
If you are into regular market, the neutral position would be better or just leave it around few weeks and enjoy your day :)
Hope it helps you guys for sharing current idea of mine.
Have a good week and see you on next week!
Later!
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