Thursday, January 21, 2010

Fridays call.

The call is 40% long emerging markets and 60% long Rut.

I will trade at 1.5x.

As per your request Jim, the bias is long Rut.

4 comments:

  1. Thanks,...much appreciated. I too am long 1X SPX for Friday,..likely will go flat the close. Mon 01-25 or Tues 01-26 is my next likely 3 wk cycle date (likely pivot),..have no idea what to expect.

    Interesting how quickly the SPX gave up it's YTD gains.

    I have a bad feeling about the creep toward socialism and increased regulation, oversight,..higher taxes, etc.

    Have a good weekend.

    Regards, Jim P.

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  2. One thing many forget is the socialist movement began over 100 years ago and under Bush it got a real push.

    What this has to do with market timing beats me but since Jim opened the door, may I suggest this is enough politics?

    Jack, a registered Republican but respects the little guy.

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  3. Hey folks, I too, don't want to hear any extremist viewpoints voiced here, not saying any have been, but see plenty on other blogs. I happen to subscribe to Scientific American for some insight into new developements in the scientific community, and on a political note this article is relevant

    http://www.scientificamerican.com/article.cfm?id=fixing-the-broken-policy-process

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  4. Yes the market is giving up a little...the question will be is this the start of something bigger or just a buying opp for some?

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