By: Scott Redler
In this morning’s trading, it’s still a matter of separating the have’s and have-not’s. So far, I am just scalping, but will try and put on some select trades for a bit longer as things clear up.
Ex. I Bought LVS this morning down .20 and with it up .30 for a nice quick reversal cash flow trade. That will be my strategy for a bit. Ex. I also bought GS at 156.50with a stop at today’s lows of 155, and sold most when it went positive. Also shorted AAPL today at 247 for a trade to the 244 area (already out of half).
That’s how I handle a market when there is uncertainty. Ir remains to be seen whethere there will be a major complexion change. This is a time to take trades, both long and short, not to stick around.
