Tuesday, February 26, 2008

Long As Hell

This is probably the most long-side exposure I've had since August of last year. You too can believe in fairy tales. It's nice to not have to worry about some crazy 100 pt. intra-day spike taking a chunk out of my ass.

Hopefully the market can continue breaking the shorts although it's not a foregone conclusion as the major averages have yet to convincingly break out- but they are very close. Better entry points await. While awaiting those better entry points (from which to sell aggressively) I'll regroup from the long side and play some potential breakouts. Must say I'm very excited about my longs. Here is a taste of a few of my favorite longs.


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