DRQ

We should expect a weak close today simply because of a risk-off attitude before a critical FOMC announcement.
Since I sold the UPL long position and my intention is to keep a neutral portfolio position for tomorrow, I will either Buy a long SWY position or cover the short DRQ position.



Pascal

[QUOTE=Pascal;27138]We should expect a weak close today simply because of a risk-off attitude before a critical FOMC announcement.
Since I sold the UPL long position and my intention is to keep a neutral portfolio position for tomorrow, I will either Buy a long SWY position or cover the short DRQ position.



Pascal[/QUOTE]

With buyers moving in DRQ, I decided to cover the short position earlier and be neutral for tomorrow.


Pascal

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