While the futures drop about 2% now , I suspect the market may bounce or close today at no change level. Therefore I close my short position here at 1268.50. Means taking 26.5 points profit.
The market is in situation of to be or not be. It can drop much further but can reverse from here at least intra-day. I dont take any chances.
Good trading
Monday, March 17, 2008
Close Short
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