On the little short position I have left, I am pulling the stop down to 3990.
I am keen on adding if I see weakness in the afterhours, , but right now we are witnessing deep strength from that 3900 level. The 3950s to 3970s area is where I'll be focusing on to see if the trend down continues.
In any case, if I do decide to add, I won't be going into this market heavily: tomorrow is my last trading day this week, as I'll be taking a short break from Thursday to Monday.
Tuesday, April 21, 2009
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