Thursday, August 9, 2007

Beautiful Day for the Bears.

Ugly candles all over. You just gotta love the bearish action here. A solid trend day down and looks poised for an avalanche type decline from here. Market seems to be trying to price in a recession in the coming months.

2 comments:

Anonymous said...

indeed it was except i had a lot of problems finding short shares from my broker. can i ask you what broker you use and also what software?

tx in advance.

Narrow Edge Trader said...

i had no problems finding any shres to short. i was extremely active today on the short side. I really love shorting. It's much more exciting than going long. The rewards can be huge and very fast. I use Goldman Sachs as my broker. i love the service and they give me tons of research/newsletters etc. Commish is a little high. I use scottrader as my trading software. Simple and old school but works for me.