CFZ E-Wiggle Workspace Message Board

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Strategies & Market Trends : CFZ E-Wiggle Workspace

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To: skinowski who wrote (9380)	11/20/2008 4:38:39 PM
From: Perspective	Read Replies (1) of 41420

Forget what? <g> Thanks. Actually, I can report that I lost 1.2% today. My hedges are now outweighing my shorts. We can bounce at any time, folks, and that would make me happy! <g> Actually, I'd just prefer a few weeks of sideways. Somehow I doubt that is going to happen. Perhaps we get a scary open tomorrow, big gap down and then a nice short-covering rally for the weekend. We could certainly use it. In fact, some of the selling might have been in preparation for such a scenario. I like the idea of a multi-year ED, at least in tech. I still think that stuff like the DJIA and BKX are just in the first wave down of their secular bears. Oil? Jeeeeeezeus. Ugly. That's what's ruining my hedges. SPY has too much energy and finance in it. I knew the finance was a liability, but I thought energy would start to be a benefit. Yuk... `BC

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