Not Long, Cashed, But Looking For Opportunity

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June 11, 2008

I didn’t get to post yesterday, but I cashed my index longs at the close. The bounce didn’t really happen – it came close and downside was limited. Looking to buy weakness today, but not this morning. Waiting to see if we end weaker at the close with kind of a blow down. If we do, I’m back in heavy.


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  • http://www.stockrake.com Sensei

    Since posting we have broken to new lows. Now I’m thinking if we get even weaker going into the morning window, that I might be a buyer and hope for the beige book to get the market reversing.

  • http://www.stockrake.com Sensei

    Since posting we have broken to new lows. Now I’m thinking if we get even weaker going into the morning window, that I might be a buyer and hope for the beige book to get the market reversing.