Frustrating Because the Market Did What I Didn’t Want

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June 1, 2012

Well the market slammed through the glass today. I was hoping that thin strip of support would hold and create a mild up day. One that lulls traders into complete calm and then smash them in the face Monday morning. I planned to get short today at the close heavy if that scenario unfolded. Unfortunately the drop was too large for me to get short into. If this is a crash then its a crash and I’ll have to see it on the other side. However, I think this market is going to play games before ultimately going lower. I have short signals yet am not short. This is frustrating. I will look to get short at any opportunity.