Hurst Cycles Trading Software - Accurately Forecast Nifty and Stock Cycles

Tuesday, December 2, 2008

Whipsaw City

Covered all shorts today and went flat...Pretty decent profits and I do not want to let it go..I might be early but the market is displaying some strength by holding onto support levels. Will reshort at higher levels if a good bounce comes in else remaining flat...Not going long at all for now. As I said before, I dont like this market. Its whipsaw city and I'm not so sure anymore on direction!  :(

Charts to follow later.

Stay Nimble!

Best.

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