Whew!

Glad to be out of my shorts. Caught the turn quite nicely. Market is rocketing higher and the one short I kept (FNM) is down 3%+. The longs are working nicely and NFX may finally be ready to reward my patience. Feeling good. It's better to be profitable than dogmatic.

We have a couple weeks before the profit warnings begin to roll in and the bulls are in control. Take the ball and run with it boys.

I'm 98% equity and have a lot of dry powder.