OOPH!
Damn that stings. 200 point up when I'm long on two positions and short on four. Yes, I took a beating.
Though volume was up on a 3% positive day for the NASD, this was a bounce based on nothing from an oversold condition. It could last, yes, but the indications tilt towards no. Volume was up, but not by much, and nowhere near where it should have been for such a bounce.
In the meantime, I'll begin covering some of my shorts that I wasn't already bounced out of. Still very much positive for the month though!
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