UsingThe Gap

I have been using this gap down to build up some longs.

1 comment:

Anonymous said...

LONDON (Dow Jones)--Moody's Investors Service Inc. placed Portugal's Aa2 government bond rating under review Wednesday for a possible downgrade, based on the deterioration of the country's public finances and the long-term economic challenges it faces.

The ratings agency said in the event of a downgrade, the ratings would fall by one, or at most two, notches.

The review on the bonds is expected to conclude within three months.
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The second shoe is going to drop.