Seeking Alpha
  • OneLongTrade
    While I had hope the bulls would protect the 50 day yesterday, it looks like we may go deeper first.
    7/12/12
    Reply (3)
    • OneLongTrade: I think this is the better alternative, we will work off a lot of overbought conditions and spring back sooner rather than later.
      7/12/12
    • OneLongTrade: I'll be closing out my shorts today and tomorrow and go neutral to slightly long into next week and reassess.
      7/12/12
    • eabyrd: I wouldn't close shorts at least until SPX 1309. I personally think we'll fall farther than that.. 1292, 1278.
      7/12/12