Thursday, May 6, 2010

Friday's call.

the call is 30% long Emerging markets and 70% long ndx.

I will trade at 40% and reduce domestic to 2x for reporting purposes.

The EM call has the bias.

Market getting exciting now!  Hoping this will be a correction of lesser degree for the economy's sake. I have been long the dollar for the last two days as a hedge. Not sure if I would follow my system and be very long tomorrow. But it could rebound, who knows?

1 comment:

  1. "Exciting" is one way of looking at it. Scheesch. I am holding partial longs for Fri. What a crazy day. Jim

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