This is what hedging is all about!
In yesterday's morning post, we listed our shorting line for the Futures saying: "Meanwhile, we're STILL shorting at those same lines we laid out Monday and this morning they are working yet again but, so far, it's been nickels and dimes against quick reversals. I still think a major sell-off is a lot more likely than a major rally but so far, so wrong." In our Live Trading Webinar at 1pm, we made our Members another $400 playing the bounce (more this morning as Silver is flying higher) while our short lines were:
The Nikkei is not a great short as the Dollar will rise when our markets fall and, if oil fails to hold $40, it will likely take the Dow with it – so we'll keep an eye on that. Our trading rules are very simple, we look for