Thursday, September 30, 2010

Taking Off Some Here

Paring back my short exposure on this dip.  I still have a small amount of short exposure.  Today looks like hedge fund liquidation at the end of the quarter for those that took on big positions in commodities and stocks to take them off the books.   This liquidation should weigh down the market today but I wouldn't be surprised to see the funds put their exposure right back on tomorrow, the first day of Q4. 

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