The Average Investor's Blog

A software developer view on the markets

More Turbulence

Posted by The Average Investor on May 16, 2010

At the beginning of last week I closed some long positions and pulled out the shorts, just to see them hit stop losses and close a day or two later for a loss. Now it looks likely I will be re-opening those long positions. Which one was the false alarm (the downswing before or the upswing last week) – only the time will tell. Certainly it looks like an undecided market, which may turn costly for trend following strategies.

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