I said I was BEARISH, but I could be bearish and add long positions while Im looking for a bounce......
I have been bearish since the last crisis, All these gains you have seen the last 6 years is nothing but HOT AIR and I have said this a thousand times.
I still have some shorts sitting in 3 accounts however I did go long here and there waiting for a bounce the last 2 days so those positions will most likely put my portfolio in the red in 2 of my accounts, I sold some shorts the last 2 days and right now one of my portfolios which was nearly 70% short is now 70% long and if I would have held just a couple of more days I would have seen MASSIVE MASSIVE GAINS!!!! So even I didn't listen to 100% of my calls, reason being is I didn't think this collapse was going to come in only 24 trading hours, I thought iw was going to take weeks to materialize and that I would trade around the dips and rallies but this time its been one straight drop!
I think they will put the circuit breakers on today like the fools they are because markets can't drop like they rise....and the fed is going to come in with an emergency meeting, but this time they have nothing left to fix this broken worthless economy.....this is going to be quite a show today!
:eek: