| C, I am short, and may be adding, dji and old econ. like KO, WAG, KSS, FNM, and some other mortgage and credit card companies and banks...I think either the naz keeps dropping and this time takes the dow with it, or techs rally somewhat this week at the expense of money leaving the old economy over-valued companies...I think this works either way for me. Hedging my tech shorts with INTC, CSCO, and ADI calls for now. Still staying short a bunch of the usual nasdaq crap that is terminal and trading around somewhat with homs, amzn, hand, rimm, palm, etc. Naz looks like it may want to rally but that is how it will look before it loses 400 points in a day I think, trying to be very careful here. Did you see the golds last week.. nem, pdg, hm, etc? |