Friday, June 09, 2006

SIMSCI 09-June-2006: Potential Short

DJ made a come back and closed +7 point after early loss. Some analyst starts calling bottom. I am holding a different opinion. It is still to early to define bottom. Back to day trading business, I am not bullish about SIMSCI today. In fact, it opened high, and subsequently trading below day high in the first hour. Nikkei futures behaves in the similar way. and it is almost flat at the point of writing this posting.
I am interested in looking for SHORT opportunity for now.

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