Wednesday, November 26, 2008

Rally Cap

I put on the rally cap for the last few days as the market has rallied ~ 11% in the last few days and including today. Unfortunately this market still looks real bad and I don't like the feeling right now. I sold have of my shares in APPL at the buzzer today @ ~$95 (+7.9%). I will be looking to probably sell the rest tomorrow. I have a strong feeling the market is heading for another dip, where I will enter back into APPL again at a lower price.
For monday I will be looking at entering some ETF's to short the market during this dip.

I'm looking at FAZ, SRS, and REW.

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