Dow Down 200– take profits on short positions

  • Posted on: December 21, 2012

The Dow broke another 100 pts since my first entry this morning.   Take profits on at least 1/3 of the position.  If you only have one or two on,  move your buy stop down against yesterday’s high and sit tight.
Sunday night we could be either 200 pts lower or back to unchanged.  Its a definite flip of the coin.  If you have a winner, do not let it turn into a loser.