Tuesday, January 26, 2010

Holding My Short

I got in early on the short, but I'll hold on to my position.  I still expect a selloff in the final 30 minutes, its just a matter of from what prices.  If we go above 1100, I don't expect it to last long.  So I see no point in covering here.
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4 comments:

Anonymous said...

You saw the news right?

Obama is trying to pull the rug from underneath the party by curtailing spending and it just got rejected by the Senate.

I think the mkt sentiment is near term bullish.

1/26/2010 01:17:00 PM
Anonymous said...

I think when it's all said and done Bush 2 will be viewed more favorably than Obama.

Wow he hired a bunch of his friends who have no large scale governing experience from the civic sector in Chicago and these people are now trying to run the world's largest economy.

They are trying to turn America into a big version of a DMV office.

1/26/2010 01:35:00 PM
iv said...

excellent job again guys...i am short from 1096 ES

1/26/2010 03:31:00 PM
Market Owl said...

This market is teetering. It wants to trade lower ahead of Wednesday night Obama State of the Union speech.

1/26/2010 03:38:00 PM

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