Kevin,
I am as bullish as they come, but I am like you.. kinda pulling up the covers and becomming a short term bear. Unfortunately there arent alot of positions that are lofty, maybe AOL, YAHOO, DELL etc that really will drop if a bear comes out to play, amybe RMBS too...
So I guess I will have to find new ways to make $$$, maybe trading those risky rascals the indexes.
A big hint of a bear market to me was the lack of inflows to equities, and the inflow to MMarkets etc. Investors are becomming a bit scared of the market, and without the flows, the bull might have to rest.
If technicals are in place come Wed I plan on putting INTC or maybe DELL, but the volume of puts on INTC is quite huge, spread from now until June, I was amazed.
Keep me updated on your positions, I didnt even know you were in ASND...
Electric |
