Thursday, August 13, 2009

Take that...

Awesome fade from the opening - in a normal market the bulls would just let the bears win a round but I have no doubt that the bulls will try to run em again...No bears are gonna press any shorts (if anyone has any anymore) so the bulls will do there thing walk em up. I covered my nasdaq futures - phew....I gotta tell you there is one area I would short - preferreds - they have run up so far and are showing LOW levels of fear - anyone know of a preferred ETF?

JB

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