If bonds go green and GOOG gets above 395/405, I would not be short this market. Just a heads up if you are in bearish positions. Post-Fed rallies have been known to occur at key reversal points. However, keep an eye on oil. I would short 68 there ahead of inventories, but use tight stops. As I noted in the previous post (video), shorts will be attacking GOOG at 395 and try to take it down. Watch that number intraday. GOOG keeps dropping, so will NQ.
This entry was posted
on Wednesday, February 01, 2006 at 7:15 AM.
