Short term I have got nothing on this market. Your guess is as good as mine. I anticipate the market going higher for the remainder of the week but I wouldn't position myself too aggressively. As for me I am still mostly in cash except for my URBN short, and I have to say I shouldn't even have that at this point. Good Luck trading out there.
Long Term - I am still very bearish.
posted by Random Thoughts at
6:52 PM
The purpose of this blog is a forum for me to piece together the action of the market and write down my thoughts. I will analyze companies, talk about strategies, recommend articles and essentially talk about anything I feel is necessary. (All ideas, opinions, and/or forecasts, expressed or implied herein, are for informational purposes only and should not be construed as a recommendation to invest, trade, and/or speculate in the markets.)
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