Friday, July 8, 2011

EW calling for full tilt bear using futures

This is almost certain to get HBB to ramp the futures. 

A noted EW practitioner is recommending  a full-on bear position with as much leverage as possible, specifically recommending futures.

He is also recommending a stop level which would result in a $300,000 loss on a $500,000 account.

Hawaii Trading, reporting from some alternate realities of the financial system and financial newsletter system.  

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Insightful and Useful Comment!