Enjoy the Trampoline
Traders are getting hit with a bevy of bad news today and actually acting fairly well.
The short trade is the hardest or riskiest trade here until we violate yesterday's low. But any long positions should be scalps or flips, as the path of least resistance for more than a few days is lower. If you catch the bounce, then enjoy it. So, enjoy the long side like you would a trampoline. Don't get too out of control. Don't take unnecessary risks. Remember, you can only bounce so high before gravity takes over. Don't stay on too long or you risk serious injury....266 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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