Monday, March 19, 2007

EEM At Its 50 Day Average



EEM rallied to its 50 day moving average on declining volume. I think this might be a low risk place to go short with a tight stop..The only problem that I see is the Fed meeting coming up. Do I really want to have on another short position going into the fed meeting? I'll have to think about it...

3 comments:

miamirenter said...

dollar is getting whacked while ben is asleep/
stocks , given a little push, will be able to wipe out all losses..
liquidity is out there in huge amount as we read mergers and buyouts every day//
what a joke!

jim r said...

kevin,

what is your thought re tomorrow and stocks? do you want to be long or short for the fed? thanks

Kevin said...

Short

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