Friday, October 24, 2008

Staying light here

I am staying light here because although I believe the market is going much lower medium term I think we will get a huge rally soon. I dont want to be adding fresh shorts here as this kind of move is usually some type of climatic move and if you just putting on fresh shorts you will get killed if we get a massive rally. Stay nimble and stay cash, it is just one day.


Marketjedi

1 comment:

Troy Peterson said...

what will you be buying when the bounce comes? seems like most people didnt sell in the US market... only down to yesterdays 2pm low?