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01 Jul
Posted by Sensei @ 1:27 pm on Tuesday, July 1st, 2008 in Trades
I noticed the three shorts from this recent stock list are doing well since. Its a mixed bag for some of the others. Obviously HYGS is doing well. I sold it early!!! Shocker. HYGS up another 28% today. CNEH up another 4%, GBN moving up 3%+, CELG up 4% << something is up there.
The ones not doing good are RNN and TGB.
I bought the market this morning and went long with the NDX. I’m looking for an up close, but I may not get it. I only went long the NDX with the index funds and bought some UYG on the basis that its ready for a desperate bounce.
I’ve learned though I would be much happier if I just shorted, AMZN, PCLN, and BBY when I posted about it though.
The VIX and VXN have reached outside two standard deviations and with new quarter window dressing, I expect a bounce sometime this week — maybe today?
After that bounce is over. Its short time again.
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