Just yesterday I was sitting at some other Company’s office, thinking about how stupid the market was… ok, well, how stupid I was . I was like… “No what?” I thought we would have gotten a hit on the market last week, so I built a short position to prepare for it. Then today comes. Sweet.
Anyway, I feel like the game has changed quite a lot. I seem to have to set a goal/target for a stock (or the market), then add 10 days to that. I guess the market has “slowed down”, which isn’t all that surprising given we are in a new quarter, Obama’s new year, and Apple’s iPad debut. Plus it’s tax time so it’s our chance to reflect on how screwed we are. Play accordingly!
Anyway, like I said last week-ish, you better start selling some longs and inserting shorts into your portfolio. We are on thin ice. Just saying.
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