Tuesday, August 28, 2007

Market Update

The house of cards came crashing down today as I stated it was likely to do. When the markets advance (like they did last week) on terrible volume then it is just asking for trouble. Today a swift breeze (consumer confidence) came along and blew the cards down. This is why I was not taking any long positions and not recommending them to you.

1 Comment:

Anonymous said...

when are short positions advisable?

I believe there will be more dislocation to come shorting is so risky?


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