We are still in a downtrend. People are talking about bottom. So do I sometimes. But one should not forget that we are in an existing downtrend which will not end imediately. Thus we can use spikes up for selling.
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It looks nice, doesn't it? I am taking a first profit leaving another portion of the position short in the market.
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The fluctuations are heavy. I am taking some more risk out and some more profit in now :-), but still leving some portion short in the market.
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It was good that I have taken the profit. The remainder has just been stopped out, so that there is no new profit on it.
Nevertheless it was a fine deal with profit, anyway.
Nevertheless it was a fine deal with profit, anyway.