Tuesday, October 7, 2008

The Last Hour Again?

That's what it may come down to again. The bulls are certainly not taking the hill here and the bears may in fact be exhausted. I've been long and short a few times today and I am waiting for direction either way. Bernanke speaks in an hour and things get hairy every time you give a fed a microphone so it could get interesting.

I'm trading mostly SMN, SSO and SDS today.


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.