Could Hardly Wait, Short This Morning Rather Than EOD

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July 25, 2008

Instead of waiting till the close to put back on shorts I took off in a profit taking protection manner (which was smart), I decided with the RUT up nearly 3% (for 2x funds) and the NDX up 2%, I bought QID and went short with my index mutual funds heavy. Market has sold off from those highs as I type. I’m not expecting anyone to buy a Friday after yesterdays shitty market tape.

Gold started out crappy, but has bounced in a glorious fashion.

Oh and PS F$%^ you RTK!!!
For background on that, check this and this. See if you can solve that mystery Scooby.


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