Tuesday, 26 June 2012

A signal to short at 8:14, I got a better fill than I expected, filled at 2535.  Used a smaller stop as a result.  The market rallied a few points taking out my stop for a 1.5 point loss;




There was a news item on Zerohedge earlier today;

  • GERMANY'S MERKEL SAYS EUROPE WILL NOT HAVE SHARED LIABILITY FOR DEBT AS LONG AS SHE LIVES


Various markets took a nosedive on that news but equity markets recovered shortly thereafter (15 points in 4 mins on the NASDAQ - as above)




Would you like to share your neighbours debts?  I sure wouldn't.

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