Monday, September 8, 2008

Enjoy It While It Lasts

"It's not the beginning of the end, just the end of the beginning" -Winston Churchill

The markets are blasting off this morning and longs are loving it. World markets are along for the ride as well, as we get bailed out. I am literally sitting on my hands because I won't chase price levels on this huge gap up. I will look for long side trades on pullbacks ONLY, but I don't think this euphoria will stick for more than a few days, maybe a week.


About Me

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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.