Wednesday, March 24, 2010

Covered

The market disappointed me, I was looking for a flush through at least 1160 and we couldn't do it.  I doubt we have the energy to do it in the final 30 minutes.  I will look to reshort at higher levels.  I am reluctant to get in front of this bull freight train.

3 comments:

Petsamo said...

I made money today selling & repurchasing at a lower price. I'm 100% long. I think we gap down tomorrow, though.

Anonymous said...

Crap, I was hoping we gap down tomorrow, since I am short. Now that Petsamo is predicting a gap down I'm sure we open higher, this guy is never right.

Petsamo said...

Be careful, like Cramer, I'm sometimes right. And thank goodness I am 100% long because we did gap up. Haha!!