Thursday, November 15, 2007

money to the side line

The market showed a desire to return to a bull market, but I believe it will be a rough transition and will take a week or more before the transition happens. I pulled out of my ultra short ETF’s Tuesday with the market in flux, took the ETF profits and sit this out till the market takes a direction, aggressive investors can make some large profits right now with the down side of some large losses. The best bet is for the option players covering both direction it’s a win.

0 comments: