Thursday, September 18, 2008

Liquidity Injection

The world's central banks are injecting massive quantities of cash into the system this morning and the markets are ready for a good bounce. I am long MS and UYG and will hold these positions until the market looks like it could fade. Probably a great day to make money from the long side.

2 comments:

hurricane said...

Now that was an understatement!nice work navigating these tough conditions.

upsidetrader said...

freaking crazy times

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.