Thursday, March 29, 2007

Covered half my shorts

I don't mean to turn this blog into a trading diary, but I just covered half my short positions. We're not oversold yet, but after putting out a sizeable short position last week and watching the market trend down for 5 days, I didn't want to be greedy.

We will probably be in oversold territory next week.

I see some comments I haven't responded to. Will get to them later today, I'm late for basketball now.

2 comments:

frugal zeitgeist said...

Awesome - I covered half my shorts today too.

That just means that I wore a long shirt when I went running. [grin]

Rags 2 Riches said...

Groan... ^__^