Tuesday, August 24, 2010

8/24 pre-open

Stock indices down overnight.  This could be a short-term bottom.  Covered 1% NQ futures 1786.25.
Still 2% ND short, 14% SDS, 8%QID.

3 comments:

  1. Steve

    Are you holding short or selling at this bottom?

    Jack C

    ReplyDelete
  2. I'm wondering about your short term bottom comment. I1 is still pointing down, right? And your 2010 forecast has 9/2 pegged for a bottom.

    What are you seeing that would indicate a possible bottom here?

    Thanks!

    ReplyDelete
  3. Hi Steve,

    We missed you today! I hope all is well in your world. Wishing you the best.

    Greg

    ReplyDelete