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Trading Blog           Friday,  February 7,  2010

2/7/2020

 
BRIEF UPDATE ON THE BROAD STOCK MARKET​ (3:00 pm EST)

It's 3 pm EST as I write this blog, and it looks like the broad stock market is taking a substantial dip today and will close with a loss. The DOW appears to be finding support just above 29,000. I am going to hold on to my short position in this market for now as we could be seeing a turning point here. Those already stopped out should stay on the sidelines for now. They may get another opportunity to short the market again next week. 





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