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SPDR Dow Jones Industrial Average ETF Message Board

  • cahi58 cahi58 Mar 23, 2012 11:59 AM Flag

    Shorts are covering for the wkend!

    Indices are recovering a bit today. Why? After a week of gains & the fact that daytrading shorts don't like to hold into weekends, it's time to collect their money and cover their positions.However, Monday is only 2 non-trading days away. Selling will most likely pick up this afternoon once the many shorts have finished covering their positions. Folks,the trend is changing & the trend is your friend. I presently have no short positions. My opinion.

176.68-0.54(-0.30%)Jul 31 4:35 PMEDT