Archive for June 23rd, 2006

RE: SIMSCI 23-June-2006

Friday, June 23rd, 2006

[photopress:Simsci_morning_10.jpg,full,pp_image] [photopress:Nikkei_morning_10.jpg,full,pp_image] I have decided not to trade today due to some personal commitment in the afternoon session. No short position for SIMSCI was established in ther morning after watching Nikkei making a higher low and failed to form a failure swing in RSI. It is likely to move up and might ...

SIMSCI 23-June-2006: Potential short

Friday, June 23rd, 2006

In the first hour of trading, downtrend is formed. With Nikkei loses around -200 points and HangSeng loses around -150 point, sentiment is negative biased. I am looking for opportunity to establish Short position on SIMSCI.

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