Current Bear Market: -47.1% (Through 11/20/2008) Average Bear Market: -42.8% Average rebound within 1 year: +55.6% That 55% is still not enough to recover the
readJohn Smith started the day early having set his alarm clock (MADE IN JAPAN ) for 6am While his coffeepot (MADE IN CHINA ) was
readI have an extreme case of dyslexia tonight, you have no idea how long it took me to type up the comments in the chart
readNeeds to pull back: Short-term overbought Printed a very tired candle today Reached the top of the Bollinger Band and got rejected No love at
read[[SSO]] – Ultra S&P500, long 200 @ $23.18 Other positions: short AAPL, short FSLR, long EEV. That’s it for today! Edited to add: target for
read[[C]], covered @ $6.80, +2.92% Sold some EEV. Can’t bring myself to sell it all at once. This way, I sell in pieces, then make
read[[SSO]] @ $22.46, +1.47% [[XLF]] @ $10.79, +1.45% Still holding C short.
readThinking of the best way to short oil, as the new price target for it is $37. Hmmmm…. Short DIG, long DUG? Short OIL, USO,
read[[C]] – Citibank, short @ $7.07 with target $6 or anything below my entry. Hopefully this afternoon. [[XLF]] – Financials, short @ $10.99, target $10.60
readI said I don’t gamble “as much”, not “at all” 😉 [[f]] – Ford, long 500 shares for a few pennies or more. Will sell
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