Thursday, November 08, 2007

SELLING

I've been selling a lot today. Up to 15% cash currently. Bought some HANS under $39. If this drop continues I might have to put 10% of the portfolio into HANS ( currently 4%). I may look to buy more DIVX since its showing ridiculous strength. All in all I am getting rid of all non core positions. That means all ugly mofos like JADE LLNW MPEL BRLC etc etc. UGLY !

In other news this market blows. Seriously this is horrible. I think we deserve a huge crash. I'll sell everything and go long QID SDS DXD SRS and make back all my losses. In between I'll trade and pick bottoms AND go long QLD SSO DDM . Off note, I'm off 6% this week. Maybe more.

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