Tuesday, February 5, 2008

When Will January 22nd Get Here ?

That's the date we hit our lows and it looks like it's rushing towards us again. Being in cash and being short right now seems to be the place to be. I'll play a rally if it sets up but I'm leaning short here big time and as usual, just playing the tape. I will have some short set ups in the morning. The good long set-ups are few and far between. Good Luck.

0 comments:

About Me

My photo
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.