The market is up again, I am not getting long here.However it is looking better to start working on some shorts.If FAZ drops around $32 level I'll initiate a position.I am tempted to get long for a day trade but I am reluctant to make any move.The easy money has been made it will be time to short soon.
UPDATE @11:56
GE seems to be forming a double top on 5 min daily chart.
I am short $10.23 with a stop @ $10.30 just above the days high.
1 hour ago
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