just opened short again at 197.5. failed at 200 and with lower high subsequently. looks like due for correction even if trend is up in medium term. Will close at 190 if I am lucky. Will not put stop until later on day but thinking of stop at todays high.
I am using pristine methodology of shorting after lower than yesteredays high and stop just above todays high. They call this gap and crap play.
Is there anyone out there with views. I would like an active uk board. the us boards are pretty gap and crap with little comment apart from abuse. There are some big players there however. One guy is short 1000 from 140.
interesting comment re tax implications. posters are saying that holders dont want to sell until jan/feb to avoid tax.
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