Friday, February 22, 2013

Shorts Ready?

Markets were weak again last night, tried to make an afternoon recovery and just held the 1500 line in sp500.  A drop below 1500, might see an acceleration of selling in tonight's US session.  I'll be looking to enter some short positions on weakness tonight.

I expect the AUD to remain weak in the coming weaks.

A drop in equities will see euro back below 1.30.

I tried two times to short the macau slowing growth numbers, with shorts in Galaxy - I'm now realising it would've been a better trade to wait for the pullback first, and also to have shorted the US based players, WYNN and LVS first.