Today all the longs became shorts and the shorts became longs. Commodities rolled over on a higher dollar and technology and financials led the way. If you want a hot market these two groups are the ones you want out in front.
I had a phenomenal day as I traded BAC ( mentioned yesterday) USB (couldn't stop it) WU (look at the chart) and JRJC.I want to thank my buddy Stewie for the last call. In case the link to Stewie doesn't work you can find him at the "impatient trader" on the right of the blog
I recently did a trader interview which i will post later. Still not thinking strait. Miss my dog
Thursday, April 24, 2008
Switcharoo
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About Me
- upsidetrader
- I am a former hedge fund manager, broker and capital markets dude who now trades for his own account. I love what I do. I will try to post some stocks and an occasional chart that looks attractive for entry.I will also try to point out the idiocy of conventional wisdom and the lack of value added by the mainstream financial media. These postings should not be viewed as recommendations.
1 comments:
oh, and i am very sorry to hear about your lil' pal passing away. I can only imagine how hard that must be. I have a dog and it's my first dog and i imagine it would be very difficult. that's life alas.
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