Friday, January 14, 2011

Long Weekend

Maybe when the pundits start putting out ridiculous S&P targets will I start to think about shorting.  The majority on TV all admit that we've gone too far too fast and need a correction.  But, they all agree that correction is a buying opportunity!  So we need to see bit more of a rally before performance anxiety really kicks in and waiting for a correction is abandoned.  Enjoy the 3 day weekend, I will be back on Tuesday. 
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6 comments:

  1. Anonymous1/14/2011 03:16:00 PM

    Sold BRN @ 7.14 (long from 6.50) Cash money OL DAWG

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  2. Anonymous1/14/2011 03:39:00 PM

    DAWG did u cover the eazy e? i would cover it otherwise you might get jacked straight outta compton

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  3. Anonymous1/14/2011 03:54:00 PM

    Covered GMAN @ 15.80 short from average price 17.00 and sold CGA @ 8.08 long from 7.23 OL DAWG

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  4. Market Owl1/14/2011 04:01:00 PM

    Yeah, I covered about half of Easy E. Letting the rest ride for next week.

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  5. Anonymous1/14/2011 04:17:00 PM

    Watch vix, closed well below lower bollinger band.. a few more days it tanks, de ja vu Jan 2010?

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  6. Anonymous1/17/2011 01:53:00 PM

    steve jobs is dying.

    ReplyDelete