Wednesday, August 15, 2007

I can smell the fear!

Today was the first day people started to really sound worried. Looks like it is time to run in all those panicky shorts in the next few days.

Incredibly, MIND has held up pretty well. I plan on riding this out with GBN and UXG, both of which got hammered today.

I'll be looking for a long play on one of the indexes if we open down tomorrow. If we get that bounce, I'll dump MIND and load up short again.

I'll publish some index charts soon.

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