The market as a whole opened strong this morning- and I was up. The market coughed up it's gains- and I was up even more. Really hoping for a bounce since I'm now underexposed to the short side but I do have dry powder.
Monday, January 7, 2008
Damn Those Shoes Are UGLY
Sticking with my CROX short despite the fact it closed down a hefty five bucks on Friday has worked out pretty good. I covered half of my smallish position this morning at $30/share- for a profit of ten plus points. The other half has traded as low as $27 and change this morning. At the lowest point down another five bucks on the day. It has bounced some since. At this point a bounce would be nice. Thereby allowing me too short this dog again.
The market as a whole opened strong this morning- and I was up. The market coughed up it's gains- and I was up even more. Really hoping for a bounce since I'm now underexposed to the short side but I do have dry powder.
The market as a whole opened strong this morning- and I was up. The market coughed up it's gains- and I was up even more. Really hoping for a bounce since I'm now underexposed to the short side but I do have dry powder.
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