Today´s Market June 14, 2013

NDX1406

The market opened higher, then it retraced and traded sideways until the last hour where it closed at its low. As mentioned yesterday, we took short positions on spikes but closed them  fast as we did not want to take much risk on a Friday.  We think the market is nervous and will continue with our strategy of shorting on strength, but at the same time will exercise caution at current levels.

Our daily profit was USD 120 (Portfolio Size = USD 25000)

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