Intraday Market Reversal

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October 11, 2007

Glad I took my CYD off now. The market is having a monster intraday reversal. I don’t think I mentioned it, but I was long yesterday at the close in the indexes and took them off this morning. PHEW! I was getting pissed off about the trade too with the market ramping up beyond the morning pricing. Thought I missed a big day. Just wish I was smart enough to swap it.

I saw Bush on CNBC giving a speech about the deficit being lower than previously thought…since then we’ve been dropping.




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