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Strategies & Market Trends : Bonds, Currencies, Commodities and Index Futures

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From: Griz1	5/23/2005 8:26:33 PM
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Well I'll be the first to admit that I jumped the gun on initiating a short last Wednesday, but at least I had the sense to withhold from adding to that losing position. I am still holding this short, and if I had more courage I would have doubled on the short on today's close, but the way this rally has gone I decided not to. This rally has gone longer and further without a pullback than I expected. I still think we are going to see a nice decline in June, but I am going to hold off on any further bets for now.

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