Added To Shorts This Morning In The Funds

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August 13, 2008

Market is moving my way again – down. I added to shorts this morning in the index funds, bringing my “medium” position up to “heavy.” However, I did not purchase more ETF’s due to me being away from the computer playing Wii with my son. I do have the TWM position already from yesterday. I went heavy and am hoping for better, er, lower prices at the close. Currently looking at about 1.9% in both NDX and RUT. While Dow is performing the best to the downside. I want to buy weakness, I’ve been saying it ahead of this downdraft. However, I just may wait till Friday in case things get worse.




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