Yes Trades,
I agree and your strategy is correct.
However I am kind of playing it that way already if you understand my position is one of already holding physical....
So when I play this short game looking for short set-ups more than long ones I always win anyways you see.....
It is a 'hedge' anyways for me...therefore it is a 'win win'....
The only time I feel vulnerable to a great loss is when I have no short positions....
Anyways, thanks for the charts and observations, as well as your market opinions...as always they are quite helpfull for me keeping a 'level head'...
I think maybe the Europe situation next week may cause a "pop and drop"....we'll see....
Cheers!