Thursday, May 17, 2007

The Long and Short of it

Today...stuff that is working: oil stocks (I bought GSF, SWN a few days ago), Transports working nicely (I bought BNI yesterday)

I also bought HS yesterday; I believe that it's about "sold out". More on HS in future days.

But my short plays are *also* working: SRS, RWM. I will buy some QID if my pivot is hit and the market gets hit harder in the future.

But GOOG (I bought a bit yesterday) and AAPL are working. Semiconductors are not working.

Confused yet? My head is spinning. This is a split tape, so I cannot trade monolithically. Buy some things, sell some things.

The water is choppy, and there is fog. Let's see how this turns out.

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