Thursday, June 10, 2010

Gazing at the moon or lack thereof

Some traditional wisdom says buy a big drop or sell a big rally into a moon (esp a new moon), hmmm like right now.   

My bearish positions were pounded today.   HBB still got game, one of the most bullish days in history.  A massive short squeeze.   Unfortunately (ouch) is got squeezed but didn't cry uncle.   The bets are still on, for better or worse, we shall see.

Of course, we head into expiry week next Monday, with Monday and Tuesday being the most volatile days, usually. 

Review Braveheart....hold, hold.........of course, he was also tortured....

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Insightful and Useful Comment!