Must admit that I see more potential longs than I have in some time. Banks appear as if they are trying to put in a short term bottom. Have a hard time believing that's gonna happen but...I'll trade the tape I'm given.
Coming into this week I intended to position myself market neutral (as opposed to net short up to my eyeballs) but I have yet to add any substantial longs. Maybe today is the day.
I remain conservatively positioned with the intent of escaping this week with some profits intact. Yesterday sucked but hopefully today will be better -thereby increasing my weekend revelry. After all that's what it's all about.
Friday, February 8, 2008
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