Attack of the Giant Squid

Not unrelated to the previous post about long-term interest rates, I added the Vampire Squid yesterday per the NFTRH Trade Log. I did so after getting a sneaking feeling about yields still being in bounce mode and considering the banks and financials.

Instead I settled on GS and its decent chart pattern, which then pleased the market today. What’s more, I think it has a chance to reach the 200 day moving average. I write this not as a market bear or bull, but as a balanced player. I hold several sector/index shorts as well as several longs like our evil Squid here.

gs

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