KrunchieKilleen
Short

DOW ETF: Wedge closes; we renew our short

AMEX:DIA   SPDR DOW JONES INDUSTRIAL AVERAGE ETF
42 0 0
We shorted too soon (Friday last, 7 Nov) and our Stop-Loss Order took us out. Now we observe the wedge closing, a strong indication that the securiy will plunge at last. We renew our short accordingly, looking for several percentage points of profit, and placing a Trailing Stop at 1% rebound.
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