The first twenty minutes have been nice and steady for me. I've got 220 positions – every one of 'em short – and even though the /ES wasn't exactly setting the world on fire (inching slowly from unchanged to a very small negative), the net profit column has been inching higher, slowly but surely. Just what I want to see.
I only have one "long" positions right now – SKF – and I'm very fond of it (the ultrabear financials). Strictly speaking, this isn't a textbook-perfect inverted H&S, but it's awfully close. Its only flaw is that the left shoulder is a little higher than the right, but only by twenty-five cents, so I can live with that. I'm excited by its prospects.
