Gee I wonder what has increased investor confidence this morning?
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06-06-2012, 10:41 AM
Gee I wonder what has increased investor confidence this morning?
06-06-2012, 11:27 AM
Ka-CHUUNG!
That was the sound made this morning when I double-clutched and shifted gears. I was sort the S&P (SH) and triple short the financials (FAZ). I have taken the profits and am now double long the Dow (DDM) and triple long the financials (FAS)
It came out OK, going short the way I did. I made some money. But I thought we'd go a bit lower. Then we Republicans stomped the crap outa the liberals in WI, and Germany has stepped up to the plate as George Soros predicted they would and made promises to help stabilize the Euro.
Not a game to play for most folks, but I like it.
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