I hope none of you got shaken out this morning if you were short overnight. I had a strange feeling last night when I was setting my alarm and made an executive decision to sleep in a few hours to avoid getting freaked out if the market did in fact gap up. As I mentioned yesterday I received my signal to get short, and my stop to exit that position is an end of day signal. Therefore I’m content to wait it out even if the market looked uber-bullish at the open.
Nothing is ever as it seems with the market, it’s like an angry bull determined to shake you out of your positions.
