RE: SIMSCI 13-Jul-2006: Short position.

July 13, 2006 – 11:40 am

I negated the chance of going Long on SIMSCI futures. Instead, I saw a chance of intrady Nikkei to be toppish before lunch break and HangSeng futures continues losing more than -100 points. Short position of SIMSCI has been established at 287.5. Intraday support is likely at 286.4 area. I am watching stop loss closely.

From the desk of Tradergav.com


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