Well Chris, looks like it's going to be a wild and wooly day in the markets..Think you probably made the right move..I almost hate to sell uspix, and am toying with the idea of buying the QQQ's to hedge my uspix, especially if we get a solid dip..I honestly can't say which way the ball will bounce today, for sure the ndx is oversold, as are the q's..on a one year, it's not quite the case..let's see what today's econonmic numbers bring..half the world seems to be in a deflationary period, the other half inflationary.. <g>..supposed to get a bit of a snowstorm today and tonight.
PS: I'm trying not to get intoxicated by making money on the dark side,,it sure is an extra sweet buzz though,,,reminds me of when I used to drink<LOL!>. My thinking says, even if I walk away with a small profit, that is just the icing on the cake..the cake was avoiding this weeks carnage- capital preservation!!!. |
