Scale into a short position Wednesday 5/7/08 at the close

Quote from RiceRocket:

Opinions? Disagreements?
That was a great call and way before the fact.

Today was pretty much a blood bath for anyone who even thought about going Long.

But the markets are at the very least bi-polar and may very well be schiozphrenic, so might want to pocket the profits while you sill have (lots of) them. :)

Damn good call.
 
Maybe if I changed my Username people would take me more seriously. Keep scaling in on the short side. Do not buy the dips. A railroad train is about to run over the longs.
 
Quote from RiceRocket:

Maybe if I changed my Username people would take me more seriously. Keep scaling in on the short side. Do not buy the dips. A railroad train is about to run over the longs.

going to retest todays low IMO.

Friday's key. AIG news should weigh it down.
 
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