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[su]The everyday stock charts for the indexes look fairly unfavorable with more downside the most most likely direction. [/su]
Wednesday’s selling erased Tuesday’s gains and puts our long positions at a hazardous position and going decrease will go beneath current assistance levels.
If you also have developed a lot of shorts, consider decreasing the shorts tomorrow on Friday because it is very likely stocks will sharply rebound on Monday if the vote is against the Syriza party.
Continue to work the longs and shorts more than a period of days and maintain position sizes down to reduce than regular. This isn’t a time to be aggressive.
Be prepared that the industry will sell off Wednesday if the Federal Reserve does not announce any stimulus program. Think about reducing extended positions early Wednesday.
The short positions are most likely to outperform the longs more than the coming two weeks. Consider some of the shorts on the list beneath, preserve positions little. They could last for a couple of ...
Consider keeping positions smaller than normal with slight bias toward short positions.
You might consider taking some of the profits in the short positions as they mature the next 1-2 days in anticipation of a strong pop up in the markets on the Supreme Court decision due out this ...
Continue to work the longs and shorts over a period of days and maintain position sizes down to lower than typical. This isn’t a time to be aggressive.
With this holiday week, the trading volume is light so stock prices tend to be exaggerated.