Posts Tagged ‘ ANR ’
Wow, if Friday didn’t get your heart racing then you shouldn’t be a trader, that was a lot of fun. We may have seen an intermediate term bottom put in yesterday as the big boys bought materials in size going into the close. Let’s start with Monday though when it seemed we may have escaped [ READ MORE ]
Another week of schellacking for long only strategies. The market took a bath this week, led by materials and tech, which until Thursday morning made up about 2/3 of my portfolio. I was playing buy the dip, it obviously didn’t work. My cash position at the open on Thursday was south of 5%, I loaded [ READ MORE ]
Oyyy, it was a tough week for long only strategies any way you cut it. The market trapped the chasers with three major distribution days and then puked for two straight. I made a calculated decision to lower my beta early in the week but didn’t significantly raise my cash level. I still see many [ READ MORE ]