As we warned yesterday we were reviewing our short positions in stocks. We now have a break up from an intra-day 240 min compression in the Dec S&P Emini and would now exit all short US ETF trades and the short CAC, MIB and IBEX trades. Very short term traders could try a long in the US equity markets and our usual candidates in Europe too – mainly Germany, Holland and Switzerland and/or also Japan.
This is a correction to an erroneous post on which the words ‘long’ and ‘short’ were switched
.
