Monday, July 30, 2007


Busy day today. Busy enjoying 'Green Monday'. A relief rally finally. A great opportunity to make money in long positions. DDM SSO QLD MVV SLV GLD FXE were all good to me. I like SNDK LVS NYX MMS INAP GS.

Where do we go from here ? I think we sell off tomorrow and either test the lows or break down. I believe 12600-12800 level may be a good place to start going long if we get there. However with the record short positions we have , we may continue going straight up. Too many people where bearish today anticipating a Black Monday which never came.

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