I reversed course today and went short the Dow and Oil. I placed a bet on DXD at $48.81 and DUG at $21.40. Below are the two charts showing the crossing of the moving average lines. I am entering these two trades with no real conviction and will probably get whipsawed out in a couple of days. However if the market continues to tank I might get lucky and catch a profitable trade.
No comments:
Post a Comment