While it's true my generalized all-purpose Weltanschaung is bearish right now, I try not to be too bearish at the micro (individual stock) level. Therefore, I'm long RIG OLOG and a few other chart based names, looking to go long pharmas and biotechs some time soon, but short financials, tending to short (at a moment's notice) the homeboys, er, builders, and standing on the sidelines on everything else. I'm also long NEM here, from the low 19s, but that's more of a bearish view, of course.
You can be bearish too long and it becomes like an old, comfortable sweater. You can be bullish all the time and it most resembles an idiot's grin. I prefer just to be pretty neutral on the whole thing and look for good trading oppos.
Kb |
