Got Long, Again... 5-6-09

[Uncle_Ho]

This market does not look like its going to crack, just sold off my down side positions, holding on to my longs. Lets see if we can pop 300 pts here.

 

[Roman Candle]

Wait for dips dude. Or take a very light position on these jam ups.

 

[Roman Candle]

The higher it goes without a meaningful correction the smaller my position sizing is. This will keep me out of trouble if it breaks down. Sure you may not capture the gains from a full size position, but I need to preserve my capital at all cost. Otherwise I’m in line with 200 people at the next grand opening of WallMart.