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Xafada
Mar 30, 2013 7:24 PM

The sell off far from over Short

JP Morgan Chase & Co.NYSE

Description

Still holding the short position, and will see if it can hold the downside target $46.85 area if it fails expecting even more serious sell off towards $43.21 previous buying point. Join us woowtrading.net
Comments
timwest
Could you define "fail" in advance please? Or is it a relative term versus the market averages or against an index of bank stocks? I appreciate your ideas and I look forward to seeing how you take winners off the table. It looks pretty oversold on high volume into a quarter-end window dressing. I have no position here, just looking for clarity.
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