Buy the strongest, sell the weakest.
Buy the Nasdaq (strong fundamentals), Sell the weakest (Italy has no tourism, Industrial production came out negative today and a gvment crisis seems on it's way as coalition partners are withdrawing support from a fragile government).
I'm going short already and the chart almost agrees (almost at major resistance which means I am shorting it today but i am prepared to short again IF it manages to rise to the resistance).
Hope it all makes sense. I am not a psychic to know what today and tomorrow brings, so hedging is important: Buy the strongest, sell the weakest.
Ti amo Italia, pazienza amici.
Buy the Nasdaq (strong fundamentals), Sell the weakest (Italy has no tourism, Industrial production came out negative today and a gvment crisis seems on it's way as coalition partners are withdrawing support from a fragile government).
I'm going short already and the chart almost agrees (almost at major resistance which means I am shorting it today but i am prepared to short again IF it manages to rise to the resistance).
Hope it all makes sense. I am not a psychic to know what today and tomorrow brings, so hedging is important: Buy the strongest, sell the weakest.
Ti amo Italia, pazienza amici.
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